M Question 2 - Ch 11 Quiz - Conner X Course Hero 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: 2 Initial investment $ 125, 000 Salvage value $ 3, 000 Estimated useful life 4 years Annual net cash flows $ 45, 100 1 Annual depreciation expense $ 30, 500 points The annual average investment amount used to calculate the accounting rate of return is: eBook Multiple Choice Ask n References O $62,500 O $61,000 O $31,250 O $64,000 Mc Graw Type here to search Eli Earnings upcoming 6:23 PM 4/14/2023