Bilboa Freightlines, SA. of Panama, has a small truck that it uses for intracity deliveries. The truck is worn out and must be ether overhauled or replaced with a new truck. The company has assembled the following information: Present Purchase cost new Truck New Truck $ 29,000 Remaining book value $ 37,000 Overhaul needed now $ 16,000 $ 15,000 Annual cash operating costs $ 15,000 $ 12,500 Salvage value-now $ 8,000 Salvage value-five years from now $ 7,000 $ 11,000 If the company keeps and overhauls its present delivery truck, then the truck will be usable for five more years. If a new trucks purchased, it will be used for five years after which it will be traded in on another truck. The new truck would be diesel operated, resulting in a substantial reduction in annual operating costs, as shown above The company computes depreciation on a straight-line basis. All investment projects are evaluated using a 13% discount rate Click here to view Exhibit 148.1 and Exhibit.148-2. to determine the appropriate discount factor(s) using tables Required: 1. What is the net present value of the "keep the old truck alternative? 2. What is the net present value of the "purchase the new truck alternative? 3. Should Bilboa Freightlines keep the old truck or purchase the new one? Llick here to view Exhibit 143-1 and Exhibit 14B-2, to determine the appropriate discount factors) using tables. ug 13 discount rate Required: 1. What is the net present value of the "keep the old truck alternative? 2. What is the net present value of the purchase the new truck alternative? 3. Should Billboa Freightlines keep the old truck or purchase the new one? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the net present value of the "keep the old truck alternative? (Enter negative amount with a minus sign. Round your final answer to the nearest whole dollar amount.) Net present value de ascount factors using tables Required: 1. What is the net present value of the "keep the old truck alternative? 2. What is the net present value of the "purchase the new truck alternative? 3. Should Bilboa Freightlines keep the old truck or purchase the new one? Complete this question by entering your answers in the tabs below, Required 1 Required 2 Required 3 What is the net present value of the "purchase the new truck" alternative? (Enter negative amount with a minus sign. Round your final answer to the nearest whole dollar amount.) Net present value appropriate discount factors) using tables Required: 1 What is the net present value of the "keep the old truck alternative? 2. What is the net present value of the "purchase the new truck alterative? 3. Should Bilboa Freightlines keep the old truck or purchase the new one? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required a Should Bilboa Freightlines keep the old truck or purchase the new one? Purchase the new truck Keep the old truck