[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: $ 190,000 Initial investment Useful life Salvage value Annual net income generated FCA's cost of capital 10 years 20,000 $4,400 6% Assume straight line depreciation method is used References Section Break PA11-4 Calculating Accounting Rate of Return, Payback Period, Net Present Value, Estimating Internal Rate of Return [LO 11-1, 11-2, 11-3, 11-4 5.00 points PA11-4 Part 1 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