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: $ 130,000 Initial investment Useful life Salvage value Annual net income generated FCA's cost of capital 10 years 10,000 $3,200 9% Assume straight line depreciation method is used Required information Required: Help FCA evaluate this project by calculating each of the following: .Accounting rate of return. (Round your answer to 2 decimal places.) Accounting Rate of Return 2. Payback period. (Round your answer to 2 decimal places.) Payback Period years Required information 3. Net present value (NPV). (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar.) et Present Value 4. Recalculate FCA's NPV assuming the cost of capital is 4% percent. (Future Value of $1. Present Value of $1 Future Value Annuity of $1 Present Value Annuity of S1.) (Use appropriate factor(s) from the tables provided. Round your final answer to the nearest whole dollar amount.) Net Present Value Required information 5. Without doing any calculations, what is the project's IRR? Greater than 9% O Between 4% and 9% O Less than 4%