Question 9 4 pts On 1/1/18, Beach Boys Photographers invested in new camera equipment costing $16,000. The equipment is expected to yield the following amounts per year for its four-year intended life: Cash revenues - $28,000 Cash expenses - 15,000 The cost of capital is 14 percent; there is no salvage value at the end of four years and straight-line depreciation is used. Ignore taxes. For 2018, what is the accounting rate of return based on the initial investment? (Please enter your answer as an integer (e.g. 87% 87]) Question 12 5 pts ELO Corp. sells three types of tickets to its events. This year, ticket sales are predicted as follows: Contribution Margin per Ticket $30 Number of Tickets 500 800 Level 1 22 Level 2 Level 3 13 300 The company expects to incur fixed costs of $7,300,000 for the year. Determine the total number tickets (all levels combined) that the company would need to sell to break even for the year