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.)($Use appropriate factor$($s$)$ 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. $($Round your answer to $2$ decimal places.$)$

Payback period. $($Round your answer to $2$ decimal places.$)$

Net present value $($NPV$).($Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round

the final answer to nearest whole dollar.$)$

Recalculate the NPV assuming BBS$\text{'}$s cost of capital is $13$ percent. $($Do not round intermediate calculations. Negative amount

should be indicated by a minus sign. Round the final answer to nearest whole dollar.$)$