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AM Express Inc. is considering the purchase of an additional delivery vehicle for $25,000 on January 1, 20Y1. The truck is expected to have a

AM Express Inc. is considering the purchase of an additional delivery vehicle for $25,000 on January 1, 20Y1. The truck is expected to have a five-year life with an expected residual value of $5,000 at the end of five years. The expected additional revenues from the added delivery capacity are anticipated to be $52,000 per year for each of the next five years. A driver will cost $38,000 in 20Y1, with an expected annual salary increase of $3,000 for each

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