Harman Company is considering two alternative investment proposals with the following data: Investment Useful ife Estimated annual net cash inflows for 6 years Residual value Depreciation method Required rate of return Proposal X $800,000 6 years $135,000 Proposal Y $479,000 6 years $94.000 $- $35,000 Straight-Ine 11% Straight-line 6% What is the accounting rate of return for Proposal Y7 (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, XXX%) OA 2.96% OB. 19.62% OC. 0.94% OD. 16.67% C