On 1/1/18, Beach Boys Photographers invested in new camera equipment costing $16,000. The equipment is expected to yield the following amounts per year for its four-year intended life: Cash revenues $28,000 Cash expenses 15,000 The cost of capital is 14 percent; there is no salvage value at the end of four years and straight-line depreciation is used. Ignore taxes. For 2018, compute the accounting rate of return based on the initial investment (the answer should