how you doing please do all 3 requirments thank you

2. The Riteway Ad Agency provides cars for its sales staff in the past, the company has always purchased its 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 6 replacement fleet, the company is considering two alternatives 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 $17,000 each. If this alternative is accepted, the following costs will be incurred on the fleet as wole: 9 PO Annual cost of servicing taxes, and licensing Repairs, first year Repairs, Second year Hepairs, third year $5,000 $ 2,900 $ 5,400 $ 7,400 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 these year lease contract. The lease coat would be 569.000 per year the first payment due at the end of Year 1). At par of this lease cost, the owner would provide 11 servicing and repair, lacate the car and pay all the taxes Riteway would be required to make 534,50 security deposit at the beginning of the lease period, which would be refunded when the chile were returned to the owner at the end of the last contract 9 points Riteway Ad Agency's required rate of return is 19% 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 cash flows associated with the purchase alternative? 2. What is the net present value of the cash flows associated with the lease alternative? 3. Which alternative should the company accept? BOOM Complete this question by entering your answers in the tabs below. patroces Requited: Required 2 Required What is the net present value of the cash flows associated with the purchase alternative? (Enter negative amount with a minus sign. Round your final answer to the nearest whole dollar amount) Not praat value Required 2 >