QS 24-6 (Algo) Accounting rate of return LO P2 Project A requires a $400,000 initial investment for new machinery with a five-year life and a salvage value of $33,000. Project A is expected to yield annual income of $30,000 per year and net cash flow of $100,000 per year for the next five years. Compute Project A's accounting rate of return. QS 24-6 (Algo) Accounting rate of return LO P2 Project A requires a $400,000 initial investment for new machinery with a five-year life and a salvage value of $33,000. Project A is expected to yield annual income of $30,000 per year and net cash flow of $100,000 per year for the next five years. Compute Project A's accounting rate of return