A drugstore chain has just purchased a fleet of five pickup trucks to be used for delivery in a particular city. Initial cost was $3000 per truck and the expected life and salvage value is 5 years and $700, respectively. The combined insurance, maintenance, gas and lubrication costs are expected to be $550 for the first year and to increase by $50 per year thereafter, while delivery service will bring an extra $2000 (revenue) in every year for the company. If a return of 8% per year is estimated, compute the total cost of this investment. A drugstore chain has just purchased a fleet of five pickup trucks to be used for delivery in a particular city. Initial cost was $3000 per truck and the expected life and salvage value is 5 years and $700, respectively. The combined insurance, maintenance, gas and lubrication costs are expected to be $550 for the first year and to increase by $50 per year thereafter, while delivery service will bring an extra $2000 (revenue) in every year for the company. If a return of 8% per year is estimated, compute the total cost of this investment