QS 24-6 (Algo) Accounting rate of return LO P2 Project A requires a $330,000 initial investment for new machinery with a five-year life and a salvage value of $30,500. Project A is expected to yield annual income of $26,600 per year and net cash flow of $82,500 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 return