The following information applies to the questions displayed below Falcon Crest Aces (FCA), Inc., is considering the purchase of a small plane to use in its wing-walking demonstrations and aerial tour business. Various information about the proposed investment follows: s310,000 Initial investment Useful life Salvage value Annual net income generated FCAs cost of cepital 0 years 25,000 6,800 7% Assume straight line depreciation method is used. valuo: 3.57 points Required: Help FCA evaluate this project by calculating each of the following: 1. Accounting rate of return. (Round your answer to 2 decimal places.) Rate of Return