Linkin Corporation is considering purchasing a new delivery truck. The truck has many advantages over the company's current truck (not the least of which is that it runs. The new truck would cost $55610. Because of the increased capacity reduced maintenance costs and increased fuel economy, the new truck is expected to generate cost Wings of $8,300. At the end of years the company will sell the track for an estimated $27.900. Traditionally the company has used a rule of thumb that a proposal should not be accepted unless it has a payback period that is less than 50% of the asset's estimated useful life Larry Newton, a new manager, has suggested that the company should not rely solely on the payback approach it should also employ the net present value method when evaluating new projects. The company's cost of capital sex Click here to view the factor table a) Compute the cash payback period and not present at the proposed investment of the net present valais negative, use either a negative sin preceding the numbers 45 or parentheses (5) Round answer for present valse to decimal places, s. 125. Round answer for Payback period to 1 decimal place, s. 10.5. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) years Cash payback period Net present vase $ Does the project meet the company cash paytak citer Does it meet the representacriter for acceptance