Redwood Corporation is considering two alternative investment proposals with the following data Proposal X Proposal Y 5900.000 $546,000 Investment Useful life 8 years 8 years Estimated annual net cash inflows for 8 years 5150.000 $82,000 Residual value 545,000 Depreciation method Straight-line Straight-line Required rate of return 15% What is the accounting rate of return for Proposal X? (Round any intermediary calculations to the nearest dollar, and round your final answer of a percent, XXX%) A. 481% OB 16.67% OC 4.17% OD. 2.52%