Redwood Corporation is considering two alternative investment proposals with the following data: Proposal Proposal Y Investment $900,000 $545,000 Useful life 7 years 7 years Estimated annual net cash inflows for 7 years $130,000 $90,000 Residual value $80,000 $- Depreciation method Straight-line Straight-in Required rate of return 18% 8% What is the accounting rate of return for Proposal Y? (Round any intermediary culation to the nearest collar and round your final answer to the nearest hundredth of a perce O A 14.20% OB 1.43% OC. 2.23% OD. 16 51%