Check my work 2 Mountain Frost is considering a new project with an initial cost of $175000 The equipment will be depreciated on a straight line basis to a zero book value over the four-year life of the project. The projected net income for each year is $19,300, $20,300, $24,500, and $16,300, respectively. What is the average accounting return? 10 points Multiple Choice eBook Print 21.06% 24.61% 11.49% 1723% 22.97% Check my work 4 A project with an initial cost of $67,100 is expected to generate annual cash flows of $16,690 for the next 7 years. What is the project's internal rate of return? 10 points Multiple Choice eBook Print References 15.35% 17.95% 16.15% 14.54% 17.50%