Dartis Tools Co. is considering investing in specialized equipment costing $610,000. The equipment has a useful life of five years and a residual value of $69,000. Depreciation is calculated using the straight-line method. The expected net cash inflows from the investment are given below: Year 1 $210,000 2 159,000 3 160,000 4 95,000 5 136,000 $760,000 What is the accounting rate of return on the investment? (Round your answer to two decimal places A. 12.90% B. 16.19% C. 6.45% D. 14.36%