A scrap metal dealer purchased a truck for $45,000, and the maintenance cost for the truck was $890 per month, with average revenues of $5,000 per month. The truck was sold in two years for $12,000.The rate of return equation in PW terms is:

Select one:

a. -45,000+4,110(P/A,i%,24)+12,000(P/F,i%,24) = 0

b. -45,000+5,000(P/A,i%,24)+12,000(P/F,i%,24) = 0

c. 45,000-890(P/F,i%,24)+5,000(P/A,i%,24)+12K(P/F,i%,24) = 0

d. -45,000+4,110(P/A,i%,24)-12,000(P/A,i%,24) = 0