y work mode : This shows what is correct or incorrect for the work you have completed so far. The Mickeleson Group has invested $38,000 in a high-tech project lasting three years. Depreciation is $12,900, $16,100, and $9,000 in Years 1, 2, and 3, respectively. The project generates pretax income of $4,250 each year. The pretax income already includes the depreciation expense. The tax rate is 34 percent. What is the project's average accounting return (AAR)? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) X Answer is complete but not entirely correct. AAR 7.38 X %