Project A requires a $345,000 initial investment for new machinery with a five-year life and a salvage value of $38,500, The company uses straight-line depreciation Project A is expected to yield annual net income of $27.400 per year for the next five years QS 24-6 Accounting rate of return LO P2 Compute Project A's accounting rate of return Choose Numerator: Annual after-tax net income Accounting Rate of Return Choose Denominator Annual average investment Accounting Rate of Return Accounting rate of return 0