LInda's Luxury Travel $($LLT$)$ is considering the purchase of two Hummer limousines$.$ Varlous Information about the proposed Investment

follows:

Assume straight IIne depreciation method is used.

Required:

Help LLT evaluate this project by calculating each of the following:

Accounting rate of return.

Payback perlod.

Net present value. $($Future Value of $$1,$ Present Value of $$1,$ Future Value Annulty of $$1,$ Present Value Annulty of $$1.$

Note: Use appropriate factor$($s$)$ from the tables provided.

Without makIng any calculations, determine whether the IRR is more or less than $14\%.$

Complete this question by entering your answers in the tabs below.

Calculate net present value.

Note: Cash Outflows and negative amounts should be indicated by a minus sign. Round your "Present Values" to the nearest

whole dollar amount.