Bilboa Freightlines, S.A., of Panama, has a small truck that it uses for intracity deliveries. The truck is worn out and must be either overhauled or replaced with a new truck. The company has assembled the following information: Present Truck S 36, 000 s 23,000 $ 22, 000 s 17,500 s 12,000 S 15, 000 Truck 48, 000 Purchase cost new Remaining book value Overhaul needed now Annual cash operating costs Salvage value-now Salvage value-five years from now $ 16,000 $ 6,000 If the company keeps and overhauls its present delivery truck, then the truck will be usable for five more years. If a new truck is purchased, it will be used for five years, after which it will be traded in on another truck. The new truck would be diesek-operated. resulting in a substantial reduction in annual operating costs, as shown above. The company computes depreciation on a straight-ine basis. All investment projects are evaluated using a 99Tdiscount rate. Click here to view Exhibit 1381 and Exhibit 138-2, to determine the 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" alternative? 2 Shoiuled Rilhoa Freinhtlines keen the nird tnirk or airehase the new one