0.00 points BS) is considering the pu t follows: Initial investment (for two hot air balloons) Useful life Salvage value Annual net income generated BBS's cost of capital $ 420,000 10 years $ 50,000 37,800 11% Assume straight line depreciation method is used. Required Help BBS evaluate this project by calculating each of the following: 1. Accounting rate of return. 1% of 2. Payback period. (Round your answer to 2 decimal places.) Years pe here to search