Sayer Tool Co. is considering investing in specialized equipment costing $680,000. The equipment has a useful life of five years and a residual value of $63,000. Depreciation is calculated using the straight-line method. The expected net cash inflows from the investment are given below: Year 1 2 3 4 5 $206,000 151,000 169,000 101,000 83,000 $710,000 What is the accounting rate of return on the investment? (Round your answer to two decimal places.) A. 6.03% B. 2.50% C. 5.47% D. 5.01%

Sayer Tool Co. is considering investing in specialized equipment costing $680,000. The equipment has a useful life of five years and a residual value of $63,000. Depreciation is calculated using the straight - line method. The expected net cash inflows from the investment are given below: What is the accounting rate of roturn on the investment? (Round your answor to two decimal places.) A. 6.03% B. 2.50% C. 5.47% D. 5.01%