AM Express Inc. is considering the purchase of an additional delivery vehicle for $45,000 on January 1,20Y1. The truck is expected to have a five-year life with an expected residual value of $7,000 at the end of five years. The expected additional revenues from the added delivery capacity are anticipated to be $76,000 per year for each of the next five years. A driver will cost $52,000 in 20Y1, with an expected annual salary increase of $4,000 for each year thereafter. The annual operating costs for the truck are estimated to be $3,000 per year. Present Value of $1 at Combound Interest a. Determine the expected annual net cash flows from the delivery truck investment for 20Y1-20Y5. a. Determine the expected annual net cash flows from the delivery truck investment for 20Y1-20Y5. b. Calculate the net present value of the investment, assuming that the minimum desired rate of return is 20%. Use the table of the present value of $1 presented above. When required, round to the nearest dollar. If required, use the minus sign to indicate a negative net present value. c. Is the additional truck a good investment based on your analysis? , because the net present value is