Biboa Freightines, SA of Panama has a small truck that it uses for local deliveries. The truck is in bad repair and must be either overhauled or replaced with a new truck. The company has assembled the following information (Panama uses the US, dollar as is currency). If the company keepr aty ovethoun its present delivery truck, then the truck will be usable for eipht more yars. Ha new truck is purchased it will be used focceght years after which it will be traded in on another truck. The new truck would be diest fueifed, resulting in a substantial teduction in annual operating costs as shown above. Requined: minus slen. Boursediscosint foctor (0) to 7 decimelpinse) 1.b. Should Balboa Freightines keep the old truck or purchase the new one? Purchase the new truck Keep the old truck. 2. Using the inciemiental.cost oppoach, determirie the net present value in favor of for againd) purchaung the new truck? (Negative omounts should be indicoted with a minus sign. Round disceunt foctor(s) to 3 decimal place.)