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Balloons By Sunset $($BBS$)$ is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours. Various information about the proposed investment follows: $($Future Value of $$1,$ Present Value of $$1,$ Future Value Annuity of $$1,$ Present Value Annuity of $$1.)$

Note: Use appropriate factor$($s$)$ from the tables provided.Assume straight line depreciation method is used.Required:Help BBS evaluate this project by calculating each of the following:

Accounting rate of return.

Note: Round your answer to $2$ decimal places.

$2.$ Payback period.

Note: Round your answer to $2$ decimal places.

$3.$ Net present value $($NPV$).$

Note: Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar.

$4.$ Recalculate the NPV assuming BBS$\text{'}$s cost of capital is $14$ percent.

Note: Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar.

$\backslash$table$[[1.$ Accounting rate of return,,$11\mathrm{.}95,\%],[2.$ Payback period,,$12\mathrm{.}66,$years$],[3.$ Net present value,$$,8,659,],[4.$ Net present value assuming $14\%$ cost of capital,$$,4,710,]]$