Sanchez Company is considering a capital investment proposal. Estimates regarding Project Omega are provided below: Initial Investment $120,000 Annual net income $6,500 Annual net cash flows $28,500 Estimated useful life Salvage value $10,000 The accounting rate of return (ARR) for Project Omega is 5 years Multiple Choice 11% 12 Prey 22 of 30 i Next > Multiple Choice 11% 12% 4496 1096 PM 22 or 30 III Next >