The Silverside Company is considering investing in two alternative projects: Project 2 $280,000 Investment Useful life (years) Estimated annual net cash inflows for useful life Residual value Depreciation method Required rate of return Project 1 $400,000 5 $140,000 $25,000 Straight-line 14% $70,000 $12,000 Straight-line 7% What is the accounting rate of return for Project 1? O A. 53.75% OB. 16.25% O c. 28.75% OD. 35.00%