Project A requires a $280,000 initial investment for new machinery with a five-year life and a salvage value of $30,000. Project Als expected to yield annual income of $20,000 per year and net cash flow of $70,000 per year for the next five years. Compute Project A's accounting rate of return Numerator: Accounting Rate of Return Denominator: Accounting Rate of Return Accounting rate of retum 0