E11-2 (Algo) Calculating Accounting Rate of Return, Payback Period [LO 11-1, 11-2] Bartlett Car Wash Co. is considering the purchase of a new faclity. It would allow Bartfett to increase its net income by 572.635 pet year. Other information about this proposed project follows: Assume straight line depreciation method is used. 1. Calculate the accounting rate of retum for Bartiets. (Round your percentoge answer to 2 decimol ploces.) Required: 2. Calculate the payback period for Bartlett. (Round your answer to 2 decimal places)