Please assist with the attached accounting question.

June Co. is evaluating a project requiring a capital expenditure of $520,000. The project has an estimated life of four years and no salvage value. The estimated net income and net cash flow from the project are as follows: $45,000 240,000 160,000 170,000 Year Net Income 85,000 5,000 15,000 $150,000 Net Cash Flow $200,000 $770,000 The company's minimum desired rate of retum is 12%. The present value of $1 at compound interest of 12% for 1, 2, 3, and 4 years is 0.893, 0.797, 0.712, and 0.635, respectively. a. b. Determine the average rate of return on investment, giving effect to depreciation on the investment. Round your answers to two decimal places. Determine the net present value.