Beck Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the cost of $1,950,000. Under the other proposal, the company would focus on Kentucky and open 6 stores at a cost of $2,000,000. The following information is available: Indiana proposal Required investment Estimated life Estimated residual value Estimated annual cash inflows over the next 10 years Required rate of return Kentucky proposal $1,950,000 $2,000,000 5 years $20,000 $800,000 5% 5 years $90,000 $900,000 5% The accounting rate of return for the Indiana proposal is closest to (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, X.XX%.) A. 21.23% B. 41.03% C. 40% D. 25.9%