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Balloons By Sunset (BBS) is considering the purchase of two new hot air balioons so that it can expand its desert sunset tours. Various information

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Balloons By Sunset (BBS) is considering the purchase of two new hot air balioons so that it can expand its desert sunset tours. Various information about the proposed investment follows: (Future Value of \$1, Piesent Volue of \$1. Future Value Annuity of \$1, Present Value Annuity of $1 ) Note: 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 1. Accounting rate of return. Notet Round your answer to 2 decimal places. 2. Payonck period Notel Round your answer to 2 decimal pleces. 3. Net presen value (NPV) Note: Do not round imtermediate calculations. Negative amount should be indicated by a minus sign. Alound the final answer to nearest whole dollar. 4. Recalculote the NPV assuming BBs cost of caphat is 14 percent Note: Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole doller

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