Baird company is considering investing in two new vans that are expected to generate combined cash inflows of $$25,500$ per year. The vans combined purchase price is $$94,500.$ the expected life and salvage value of each are seven years and $21,400,$ respectivally. baird has an average cost of capital of $10$ percent. $($PV of $$1$ and PVA of $$1)$

A$)$ calculate the net present value of the investment company

TABLE $1$

Present Value of $$1$

TABLE $2$

Present Value of an Annuity of $$1$