You are considering a project that would have an initial cost of 285,000 and a 4 year life. The project's assets will be depreciated using straight-line depreciation to a zero book value over the life of the project. Projected cash flow from the project is forecast at 83,650, 92,850, 94,350, and 93,250 respectively for the next 4 years. Projected annual net income from the project is forecast at 12,400, 21,600, 23,100, and 22,000 for the next 4 years, respectively. What is the average accounting return?