Vaughan has the opportunity to invest in the following project. They use ARR to decide if they will accept a project their minimum rate of retum is 15%. They use the straight line method of deprecation for at long term assets such as this one. Initial Investment Salvage Value Useful Lite Annual Net Income $150 000 550.000 5 Years $24,000 What is the ARR and is this project acceptable? O A 16%, Yes B12, No OC 4% No OD. 24%, Yes