Question: Based upon the following data: calculate the Average Accounting Return Net Income: Year 1: $1,500,000 Year 2: $1,200,000 Year 3: $1,050,000 Year 4: Year

Based upon the following data: calculate the Average Accounting Return Net Income: Year 1: $1,500,000 Year 2: $1,200,000 Year 3: $1,050,000 Year 4: Year 5: -$1,400,000 $1,350,000 The starting book value is $11,840,000, which will end with $0, at the end of five years.

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