Beck Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the cost of $1,830,000. Under the other proposal, the company would focus on Kentucky and open 6 stores at a cost of $2,300,000. The following information is available Estimated life Required investment Estimated residual value Estimated annual cash inflows over the next 10 years Required rate of return Indiana proposal $1,830,000 10 years $40,000 $600,000 0% Kentucky proposal $2,300,000 10 years $60,000 $700,000 0% The accounting rate of retum 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 XXX%) OA 20.7% OB. 32.79% OC. 30.6% OD. 23.01%