6.00 points Bartlett Car Wash Co. is considering the purchase of a new facility. It would allow Barlett to increase its net income by $91,405 per year. Other information about this proposed project follows: Initial investment Useful life Salvage value $433,200 8 years 58,000 Assume straight line depreciation method is used. Required: 1. Calculate the accounting rate of return for Bartlett. (Round your percentage answer to 2 decimal places.) g Rate of Retum 2. Calculate the payback period for Bartlett. (Round your answer to 2 decimal places.) Period years Hints References eBook & Resources