[T he following information applies to the questions displayed below. ] Peng Company is considering an investment expected to generate an average net income after taxes of $2,600 for three years. The investment costs $55,800 and has an estimated $9.600 salvage value. 05 24-7 Computation of accounting rate of return LO P2 Compute the accounting rate of return for this investment; assume the company uses straight-line depreciation. Annual after-tax net income Annual average investment = Accounting rate of return $ 2,600 I _ := 300.23 %