I need the CORRECT vales for each part/section

Thank you!

Lon Timur is an accounting major at a midwestern state university located approximately 60 miles from a major city. Mary of the students attending the university are from the metropolitan area and visit their homes regularly on the weekends. Lon, an entrepreneur at heart, realizes that few good commuting alternatives are available for students doing weekend travel. He believes that a weekend commuting service could be organized and run profitably from several suburban and downtown shopping mall locations. Lon has gathered the following investment information 1. Five used vans would cost a total of $74,798 to purchase and would have a 3-year useful life with negligible salvage value. Lon plans to use straight-line depreciation Ten drivers would have to be employed at a total payroll expense of $48,000. Other annual out-of-pocket expenses associated with running the commuter service would include Gasoline $16,300, Maintenance $3,600. Repairs 53,700, Insurance $4.300, and Advertising $2,300. Lon has visited several financial institutions to discuss funding. The best interest rate he has been able to negotiate is 15%. Use this rate for cost of capital Lon expects each van to make ten round trips weekly and carry an average of six students each trip. The service is expected to operate 30 weeks each year, and each student will be charged 512 for a round-trip ticket. 2 3. 4 5 Click here to view PV table (A) Determine the annual (1) net income and (2) net annual cash flows for the commuter service. (Round answers to decimal places, u8. 125) Not income $ Notannual cash flows S (a) Determine the annual (1) net income and (2) net annual cash flows for the commuter service. (Round answers to decimal places, eg. 125.) Net income $ Net annual cash flows $ (b) Compute (1) the cash payback period and (2) the annual rate of return (Round answers to 2 decimal places, es 10,50.) Cash payback period years Annual rate of return 24 To Compute the net present value of the commuter service. (Round answer to decimal places, s 125. If the net present ydive is negative, use either a negative sign preceding the number eg - 45 or parentheses ex 45). For calculation purposes, use 5. decimal places as displayed in the factor table provided) The present value TABLEZ Present Value of an Annuity of 1 (n) Payments 4% 5% 6% 7% 8% 9% 10% 11% 12% 15% 1 96154 95238 94340 93458 92593 .91743 90909 90090 89286 85957 2 1.88809 1.85941 1.83339 1.80802 1.78326 1 75911 1.73554 171252 1.69005 162571 3 277509 272325 267301 2.62432 257710 2 53130 2 48685 2 44371 2 40183 2 28323 4 3.62990 354595 346511 338721 3 31213 3.23972 3 16986 3.10245 3 03735 285498 5 445182 432948 4 21236 4 10020 3 99271 3 88965 3 79079 3.69590 3.60478 3 35216 6 524214 5.07569 4.91732 4.75654 4.62288 4.48592 4.35526 4.23054 4 11141 378448 7 6.00205 578637 5.58238 530929 5.20637 5 03295 486842471220 456376 4 16042 8 6.73274 6.46321 6 20979 597130 5.74664 5.53482 5,33493 5. 14612 4.96764 4.48732 9 743533 7 10782 0.80160 651523 6.24689 5.99525 5 75902 5.53705 5.32825 477158 10 8.11090 7721737360097 02358 6 71008 6 41766 6 14457 5.88923 5.65022 501877 11 8.76048 8.30641 788687 7 49867 713895 6 80519 6 495066 20652 5 93770 5 23371 12 938507 8.86325 8.38384 794269 753608 716073 6 81389 6 49236 6.19437 542062 13 9 98505 939357 885268 8 35765 7 90378 748690 7 10336 8 74987 6 42355 5 58315 14 10.56312 9.89864 9.29498 874547 8.24424 7 78615 7 36609 6 98187 6.62817 5 72448 15 11 11839 1037966 9.71225 9 10791 8.55948 8.06089 760008 7 190876,81086 5 84737 16 11 652 30 10 83777 10.10590 9.44665 885137 8 31256 7 82371 737016 6.97399505424 17 12.16567 11 27407 10.47726 9.76322 9.12164 8 54363 8.02155 7548797 11963 6.04716 18 12.05830 11.68959 10 82760 10.05909 9 37189 8.75563 8 20141 7 70162 724967 6 12797 19 13.13394 1208532 11 15812 10 33500 900300 895012 8 36492 783920736578 6 19823 20 13.59033 12 46221 11 48992 10 59401 9.81815 9.12855 8 51356 798333 7 46944 6 25933