Prescott Corporation is considering an investment in new equipment conting $936,000. The equipment will be depreciated on a straight-line basis over a ten-year life and is expected to have a residual value of $98,000. The equipment is expected to generate net cash inflows of $152,000 for each of the first five years and $102,000 for each of the last five years. What is the accounting rate of return associated with the equipment investment? (Round your answer to two decimal places.) OA 9.42% O B. 9.10% OC. 8.38% OD. 8.91%