M Question 11 - Ch 11 Quiz - Conn( X Homework Help - Q&A from Onl X + X C a ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... [ Ch 11 Quiz i Saved Help Save & Exit Submit The following relates to a proposed equipment purchase: 11 Initial investment $ 144, 000 Salvage value $ 4, 000 Estimated useful life 4 years Annual net cash flows $ 46, 100 points Annual depreciation expense $ 35, 000 The annual average investment amount used to calculate the accounting rate of return is: eBook Multiple Choice Ask References O $72,000 O $70,000 O $37,000 O $74,000 Mc Graw 10:51 AM Type here to search 76 F Mostly cloudy 4/19/2023