Required information (The following information applies to the questions displayed below.) Project A requires a $415,000 initial investment for new machinery with a five-year life and a salvage value of $38,500. The company uses straight-line depreciation. Project A is expected to yield annual net income of $26,400 per year for the next five years. Compute Project A's accounting rate of return. Accounting Rate of Return Choose Denominator: Choose Numerator: Accounting Rate of Return Accounting rate of return