Linda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investment follows: Initial investment (2 Limos) Useful ute Salvage value Annual net income generated LLT's cost of capital $1,560,000 10 years $ 140,000 $ 149,760 149 Assume straight line depreciation method is used. Required: Help LLT evaluate this project by calculating each of the following: 1. Accounting rate of return. 2. Payback period 3. Net present value 4. 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. Required i Required 2 Required 3 Required 4 Calculate accounting rate of return. (Round your answer to a decimal pince.) Accounting of Rom % Required 2 >