Jestion 50 The Hanna Company uses straight-line depreciation and is considering a capital expenditure for which the following relevant cash flow data have been estimated: Estimated useful le 3 years Initial Investment $450,000 Cash savings Year 1 $210,000 Cash savings Year 2 $150,000 Cash savings Year 3 $225,000 Residual value after 3 years $0 The accounting rate of return is closest to 399 304 17