Required information [The following information applies to the questions displayed below] Project A requires a $375,000 Initial investment for new machinery with a five-year life and a salvage value of $42,000. The company uses straight-line depreciation. Project A is expected to yield annual net income of $22,400 per year for the next five years. Compute Project A's accounting rate of return. Accounting Rate of Return Choose Numerator: Choose Denominator: Accounting Rate of Return Accounting rate of return