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 $3,500 for three years. The investment costs $54,000 and has an estimated $9,900 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. Choose Numerator: Accounting Rate of Return Choose Denominator: Accounting Rate of Return Accounting rate of return