Harwell Printing Company is considering the purchase of new electronic printing equipment. It would allow Harwell to increase its net income by $61,288 per year. Other information about this proposed project follows: Assume straight Iine depreciation method is used. Requlred: 1. Calculate the accounting rate of return for Harwell. Note: Round your percentage answer to 1 decimal place. 2. Calculate the payback period for Harwell. Note: Round your answer to 2 decimal places