Mountain Frost is considering a new project with an initial cost of $$200,000.$ The equipment will be depreciated on a straight$-$line basis to a zero book value over the four$-$year life of the project. The projected net income for each year is $$19,900,$$$20,800,$$$24,600,$ and $$16,800,$ respectively. What is the average accounting return?

Multiple Choice

$18\mathrm{.}81\%$

$15\mathrm{.}39\%$

$20\mathrm{.}53\%$

$21\mathrm{.}99\%$