Paimer Corporation is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annuot increase in net operating income of $148,400. The equipment will have an initial cost of $530.000 and a 7 -year useful life. If the salvage value of the equipment is estimated to be $12,000, what is the accounting rate of retum? Multiple Choice 1728% 2800% 4511% 15037%