Need #3 and #4 solved please!

PA11-1 (Algo) Calculating Accounting Rate of Return, Payback Period, Net Present Value, Estimating Internal Rate of Return (LO 11-1, 11-2, 11-3, 11-4) Balloons By Sunset (BBS/is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours. Various Information about the proposed investment follows: (Future Value of 51. Present Value of $1. Euture Value Annuity of $1. Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided.) Initial Investment for two hot air balloons) Useful life Salvage value Annual net incone generated S's cost of capital 5401,000 9 years $ 41,000 36.491 114 Assume straight line depreciation method is used Required: Help BBS evaluate this project by calculating each of the fol 1. Accounting rate of return. (Round your answer to 2 decimal places.) 2. Payback period. (Round your answer to 2 decimal places.) 3. Net present value (NPV) (Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar.) 4. Recalculate the NPV assuming Bes's cost of capital is 14 percent. (Do not round intermediate calculations. Negative amount should be indicated by a minus sian. Round the final answer to nearest whole dollar) Assume straight line depreciation method is used Required: Help BBS evaluate this project by calculating each of the following: 1. Accounting rate of return (Round your answer to 2 decimal places.) 2. Payback period (Round your answer to 2 decimal places.) 3. Net present value (NPV). (Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar.) 4. Recalculate the NPV assuming BBS's cost of capital is 14 percent. (Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar.) Answer is not complete. 1. 2. 9.10% 5.24 years Accounting rate of return Payback period Net present value Not present value assuming 14% cost of capital 3. 4