Hello, can someone please help me. I'm new to accounting and i'm having lots of trouble with this question. i would really appreciate your help

Problem 10 - 11 Performing an NPV Analysis of a Lease or Buy Decision ( LO2 - CC 8 ) The Wrongway Ad Agency provides cars for its sales staff . In the past , the company has always purchased it's cars from a dealer and then sold the cars after three years of use . The company's present fleet of cars is three years old and will be sold very shortly . To provide a replacement fleet , the company is considering two alternatives as follows " Purchase Alternative . The company can purchase the cars , as in the past , and sell the cars after three years of use . Ten cars will be needed , which can be purchased at a discounted price of $ 2 2, 000 each . If this alternative is accepted , the following costs will be incurred on the fleet as a whole ." Annual cost of servicing , taxes , and licensing $4, 050 Repairs , year ! 1, 580 Repairs , year ? 4, 850 Repairs , year } 8, 375 At the end of three years , the fleet could be sold for one - half of the original purchase price* LEASE Alternative . The company can lease the cars under a three - year lease contract . The lease cost would be 572, 500 per year ( with the first payment due at the end of year 1 1. As part of this lease cost , the owner would provide all servicing and repairs , license the cars , and pay all the taxes . Wrongway would be required to make a $ 12, 750 security deposit at the beginning of the lease period , which would be refunded when the cars were returned to the owner at the end of the lease contract .Wrongway's required rate of return is 18%. Click here to view Exhibit 10 - 1 and Exhibit 10 - 2 , to determine the appropriate discount factor ('s ) Using* tables . Required . ( Ignore income taxes ! 1. Use the total cost approach to determine the present value of the cash flows associated with each alternative . ( Negative amounts should be indicated with a minus sign . Round discount factor ( s ) to 3 decimal places . Round other intermediate calculations and final answers to the nearest whole* dollar amounts .!' Present Value of Cash Flows Purchase of fleet LEASE Of cars