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Question 7 12 pts Bestline Furniture Store has a choice of overhauling its present delivery truck or purchasing a new one. The following information is available. Present New Truck Truck Purchase cost, new 12,000 16.000 Remaining book value 3.250 Overhaul needed now 2.000 Annual cash operating costs 7.500 4.000 Salvage value now 2,000 Salvage value, 5 years from now 500 5.000 If the company keeps the old delivery truck, it will have to be overhauled immediately 5 at the cost shown above. With the overhaul it can be made to last more. The new truck will also last for 5 years. All investment projects are evaluated on a basis of a 12% rate of return Required: Calculate (show work) which alternative is favored, and by how much? 5 years years Edit View Insert Format Tools Table 120 Paragraph BIU A TO SE 83 Rain or o