Juniper Corporation is considering two alternative investment proposals with the following data Proposal X Proposal Y Investment 5810,000 $466,000 Useful life 8 years 8 years Estimated annual net cash inflows for 8 years $130.000 $70,000 Residual value $58.000 $- Depreciation method Straight-line Straight-line Required rate of retum 13% 10% What is the accounting rate of return for Proposal X? (Round any intermediary calculations to the nearest dollar, and round your final answer hundredth of a percent, X.XX%) the nearest O A. 16.05% B. 2.52% OC. 3.55% D. 4.44%