Balloons By Sunset (BBS) is considering the purchase of two new hot alr balloons so that it can expand its desert sunset tours. Varlous information about the proposed investment follows: (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annulty of $1. .) Note: Use approprlate factor(s) from the tables provided. Assume straight line depreciation method is used. Required: Help BBS evaluate this project by calculating each of the following: 1. Accounting rate of return. Note: Round your answer to 2 declmal places. 2. Payback perlod. Note: Round your answer to 2 decimal places. 3. Net present value (NPV). Note: Do not round Intermedlate calculatlons. Negatlve amount should be Indlcated by a minus sign. Round the final answer to nearest whole dollar. 4. Recalculate the NPV assuming BBS's cost of capital is 11 percent. Note: Do not round Intermedlate calculatlons. Negatlve amount should be Indlcated by a minus sign. Round the final answer to nearest whole dollar. TABLE 11.3A Future Value of an Annuity of $1 
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