QUESTION 44 The Hanna Company uses straight-line depreciation and is considering a capital expenditure for which the following relevant cash flow data have been estimated: Estimated useful life Initial Investment Cash savings Year 1 Cash savings Year 2 Cash savings Year 3 Residual value after 3 years 3 years 450.000 $210,000 $150,000 $225,000 The accounting rate of return is closest to 200 Oy 30% O 176