M11-2 Calculating Accounting Rate of Return [LO 11-1] What is the accounting rate of return for a project that is estimated to yield total income of $354,000 over three years and costs $854,000? (Round your answer to 2 decimal places. (i.e. .1234 should be entered as 12.34%.)) Accounting Rate of Return References eBook & Resources Worksheet Difficulty: 1 Easy M11-2 Calculating Accounting Rate of Return [LO 11-1] Learning Objective: 11-01 Calculate the accounting rate of return and describe its major weaknesses