content area top Part 1 Juniper Corporation is considering two alternative investment proposals with the following data: Proposal X Proposal Y Investment $810,000 $489,000 Useful life 8 years 8 years Estimated annual net cash inflows for 8 years $150,000 $96,000 Residual value $19,000 $minus Depreciation method Straightminusline Straightminusline Required rate of return 12% 11% What is the accounting rate of return for Proposal Y? (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, X.XX%.) Question content area bottom Part 1 A. 6.31% B. 19.63% C. 7.13% D. 12.50%