Nelson Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash How of $147.750. The equipment will have an initial cost of $500.000 and have a 5 year life. If the salvage value of the equipment is estimated to be. $130,000, what is the accounting rate of return? Ignore income taxes. Mukipie Choice 312295 29.55% 12.25% 14.7546