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Average accounting return-The Patches Group has invested $27000 in a high-tech project lasting three years. Depreciation is $8100, $12400, and $6500 in year 1, 2,

Average accounting return-The Patches Group has invested $27000 in a high-tech project lasting three years. Depreciation is $8100, $12400, and $6500 in year 1, 2, and 3 respectively. The project generates earnings before tax of $3340 each year. If the tax rate is 25%, what is the projects average accounting return (AAR)

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