Bartlett Car Wash Company is considering the purchase of a new facility. It would allow Bartlett to increase its net income by $75,840 per year. Other information about this proposed project follows: Assume straight line depreciation method is used. Required: 1. Calculate the accounting rate of return for Bartlett. Note: Round your percentage answer to 2 decimal places. 2. Calculate the payback period for Bartlett. Note: Round your answer to 2 decimal places. After hearing a knock at your front door, you are surprised to see the Prize Patrol from a large, well-known magazine subscription company. It has arrived with the good news that you are the big winner, having won $32 million. You have three options: a. Receive $1.6 million per year for the next 20 years. b. Have $11 million today. c. Have $2,75 million today and recelve $1,300,000 for each of the next 20 years. Your financial adviser tells you that it is reasonable to expect to earn 12 percent on investments. Required: 1. Calculate the present value of each option. (Future Value of \$1.Present Value of \$1. Euture Value Annuity of \$1. Present Value Annuity of \$1) 2. Determine which option you prefer. Complete this question by entering your answers in the tabs below. Calculate the present value of each option. (Future Value of $1,Present Value of $1, Future Value Annuity of $1, Present Value Annuity of \$1.) Note: Use appropriate factor(s) from the tables provided. Round your final answer to the nearest whole dollar. Enter your answers in dollars, not in militions