Sayer Tool Co. is considering investing in specialized equipment costing $620,000. The equipment has a useful life of five years and a residual value of $66,000. Depreciation is calculated using the straight-line method. The expected net cash inflows from the investment are given below: Year 1 $200,000 150,000 162,000 103,000 65,000 $680,000 What is the accounting rate of return on the investment? (Round your answer to two decimal places.) O A. 9.10% O B. 7.35% O C. 8.13% OD. 3.67%