5 Required information [The following information applies to the questions displayed below) Part 1 of 3 15 points Falcon Crest Aces (FCA), Inc., is considering the purchase of a small plane to use in its wing-walking demonstrations and aerial tour business. Various information about the proposed investment follows: 00 Initial investment $ 210.000 Useful lite 10 years Salvage value 20,000 Annual net incone generated 4.800 TCA's coat of capital 28 Print ferences Assume straight line depreciation method is used Required: Help FCA evaluate this project by calculating each of the following 1. Accounting rate of return (Round your answer to 2 decimal places.) Accounting Rate of Return %