! Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] Peng Company is considering an investment expected to generate an average net income after taxes of $2,500 for three years. The investment costs $52,500 and has an estimated $6,300 salvage value. QS 24-7 Computation of accounting rate of return LO P2 Compute the accounting rate of return for this investment; assume the company uses straight-line depreciation. Compute the accounting rate of return for this investment, assume the company uses straight-line depreciation Choose Numerator: Il Accounting Rate of Return 1 Choose Denominator: Annual average investment 2,500/ Accounting Rate of Return Accounting rate of return Annual after-tax not income $ 0