Bartlett Car Wash Co. is considering the purchase of a new facility. It would allow Bartlett to increase its net income by $68,735 per year. Other information about this proposed project follows Initial investment $324,220 Useful life 6 years Salvage value 43,000 Assume straight line depreciation method is used Required 1. Calculate and the accounting rate of return for Bartlett. (Round your answer to 2 decimal places.) ccounting Rate Of Return 2. Calculate and the payback period for Bartlett. (Round your answer to 2 decimal places.) Payback Period years