Canon Cobain is considering opening a business in Port Angeles Washington. " Load Up on Guns and Bring your Friends" will be a family friendly shooting range. You expect to invest $140,000. The investment will provide returns of $20,000 in the first year and $90,000 in each of the next 4 years (years 2-5).

Find the average accounting return (AAR) if the returns are accounting income before depreciation and the tax rate is 35%.