Woodcrafters requires an average accounting return (AAR) of at least 17.5 percent on all fixed asset purchases. Currently. It is considering some new equipment costing $169, 700. This equipment will have a four-year life over which time it will be depreciated on a straight-line basis to a zero book value. The annual net income from this equipment is estimated at $7, 100, $13, 300, $18, 600, and $19, 200 for the four years. Should this purchase occur based on the accounting rate of return? Why or why not? Yes; because the AAR is less than 17.5 percent Yes; because the AAR is equal to 17.5 percent Yes because the AAR is greater than 17.5 percent No; because the AAR is less than 17.5 percent No; because the AAR is greater than 17.5 percent