Bartlett Car Wash Co$.$ Is considering the purchase of a new facillty. It would allow Bartlett to Increase its net Income by

$$93,095$ per year. Other Information about this proposed project follows:

Assume straight IIne depreclation method Is used.

Requlred:

Calculate the accounting rate of return for Bartlett. $($Round your percentage answer to $2$ decimal places.$)$

Calculate the payback perlod for Bartlett. $($Round your answer to $2$ decimal places.$)$