Siesta Manufacturing has asked you to evaluate a capital investment project. The project will require an initial investment of $41,000. The life of the investment is 5 years with a residual value of $4000. If the project produces net annual cash inflows of $13,000, what is the accounting rate of return? (Round any intermediary calculations to the nearest dollar and your final answer to two decimal places, X.XX%.) 3.15%11.71%31.71%13.66%