Norman Rentals can purchase a van that costs $96,000; it has an expected useful life of four years and no salvage value. Norman uses straight-line depreciation. Expected revenue is $40,176 per year. Assume that depreciation is the only expense associated with this investment.

A. Detemine the payback period (round answer to 1 decimal place)

B. Determine the unadjusted rate of return based on the average cost of investment (round answer to 1 decimal place)