The following relates to a proposed equipment purchase: Cost Salvage value Estimated useful life Annual net cash flows Depreciation method $132,600 $ 3,400 4 years $ 45,500 Straight-line The annual average Investment amount used to calculate the accounting rate of return is: Multiple Choice $66.300 $64,600 Multiple Choice $66,300 $64,600 $33,150 $68,000 $43,550