Company A produces annual net income amounts of $8200, $17800 and $20900 over its 3 year life. The initial cost is $198,000, which is depreciated straight line to a zero book value over three years. What is the average accounting rate of return if the required discount rate is 14.5 percent?

A. 15.72 percent

B. 16.67 percent

C. 16.84 percent

D. 17.25 percent