Tiberius Manufacturing is considering two alternative investment proposals with the following data: Proposal X Proposal Y $460,000 Investment $11,600,000 Useful life 5 years $2,320,000 $50,000 5 years $98,000 $33,000 Estimated annual net cash inflows for 5 years Residual value Depreciation method Straight-line Straight line 13% Required rate of return 14% Calculate the accounting rate of return for Proposal Y. (Round any intermediate calculations and your final answer to two decimal places.) O A. 5.11% O B. 14.78% O C. 14.65% O D. 9.96%