Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.) Project A requires a $400,000 initial investment for new machinery with a five-year life and a salvage value of $33,000. The company uses straight-line depreciation. Project A is expected to yield annual net income of $27,200 per year for the next five years. QS 25-6 Accounting rate of return LO P2 Compute Project A's accounting rate of return. Accounting Rate of Return Choose Choose Numerator: / Accounting Rate of Denominator: Return Accounting rate of return 0