A 5 years project requires $65,000 of fixed assets that will be depreciated using straight-line depreciation to a zero book value over the life of…

A 5 years project requires $65,000 of fixed assets that will be depreciated using straight-line depreciation to a zero book value over the life of the project. If the firm requires a minimum average accounting return of 11.65% what must be the minimum average net income for the project to be accepted?