Required Information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] Project A requires a $295.000 initial investment for new machinery with a five-year life and a salvage value of $42,500. The company uses straight-line depreciation. Project A is expected to yield annual net income of $26,800 per year for the next five years. QS 11-6 Accounting rate of return LO P2 Compute Project A's accounting rate of return. Accounting Rate of Return Choose Denominator: Choose Numerator: Accounting Rate of Return Accounting rate of return