Falcon Crest Aces (FCA), Inc, is considering the purchase of a small plane to use in its wing-walking demonstrations and aerial tour business. Various information about the proposed investment follows: $ 170,000 Initial investment Useful life Salvage value Annual net income generated FCA's cost of capital 10 years 20,000 5 4.000 8% Assume straight line depreciation method is used. value Require 0.40 points Required: Help FCA evaluate this project by calculating each of the following: 1. Accounting rate of return. (Round your answer to 2 decimal places.) Rate of Roturn 2. Payback period. (Round your answer to 2 decimal places.) Payback Period 3. Net present value (NPV). (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar) t Present Value 4. Recalculate FCA's NPV assuming the cost of capital is 3% percent. Round your final answer to the nearest whole dollar amount.) Future Value or $1 Present Value or $1, Future Value Annuity of $1 Present Value Annuity or S1 Use appropriate factor(s) from the tables provided. l Present Value