Required information [The following information applies to the questions displayed below.] Faicon Crest Aces (FCA), Incorporated, is considering the purchase of a small plane to use in its wing-walking demonstrations and aerial tour business. Various information about the proposed irvestment follows: Initial investment Ueeful life Salvage value Annual net income generated ren's cost of capital. $180,000 10 years $20,000 $4,200 Assume straight line depreciation method is used: Help FCA evaluate this project by calculatigg each of the following: Required: 1. Accounting rate of return. Note: Round your answer to 2 decimal places. Accounting Rate of Retior