Problem 9-6 Calculating AAR (LO4) You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $12 million, which will be depreciated straight-line to zero over its four-year life. If the plant has projected net income of $1,858,800, $1,912,100, $1,880,500, and $1,334,000 over these four years, what is the project's average accounting return (AAR)? (Round the final answer to 2 decimal places.) Average accounting return % References Worksheet Problem 9-6 Calculating AAR Learning Objective: 09-04 Accounting rates of return and (L04) some of the problems with them