Jones Manufacturing Co. is considering investing in specialized equipment costing $960,000. The equipment has a useful life of four years and a residual value of $60,000. Depreciation is calculated using the straight-line method. The expected net cash inflows are expected to be $340,000 per year. What is the ARR of the investment? A. 20.83% OB. 22.55% OC. 19.61% OD. 23.96%