Required information [The following information applies to the questions displayed below.] Peng Company is considering an investment expected to generate an average net income after taxes of $1,900 for three years. The investment costs $60,000 and has an estimated $6,300 salvage value. Compute the accounting rate of return for this investment; assume the company uses straight-line depreciation. Choose Numerator: I Accounting Rate of Return Choose Denominator: = Accounting Rate of Return = Accounting rate of return