Return to question 2 M11-3 (Algo) Calculating Accounting Rate of Return [LO 11-1] 1 points What is the accounting rate of return for a project that is estimated to yield total income of $336,000 over three years and costs $851,000? (Round your answer to 2 decimal places. (i.e. 1234 should be entered as 12.34%.)) Answer is complete but not entirely correct. Accounting Rate of Return 7.04 %