Each of the following scenarios is independent. All cash flows are after-tax cash flows. Required: 1. Brad Blaylock has purchased a tractor for $85,000. He expects to receive a net cash flow of $29,750 per year from the investment. What is the payback period for Jim? Round your answer to two decimal places. 2.86 years 2. Bertha Lafferty invested $362,500 in a laundromat. The facility has a 10-year life expectancy with no expected salvage value. The laundromat will produce a net cash flow of $111,000 per year. What is the accounting rate of return? Enter your answer as a whole percentage value (for example, 16% should be entered as "16" in the answer box). 0.20 X %