Linkin Corporation is considering purchasing a new delivery truck. The truck has many advantages over the company's current truck not the last of which is that it runs. The new truck would cost $55.900. Bicare of the increased capacity reduced maintenance costs, and increased to economy the new truck is expected to grate cost savings of 8.600. As the end of years, the company will sell the truck for an estimated $27.000, Traditionally the company has used are of thumb that a proposal should not be accepted unless than a paytack period that is less than 50% of the asset's estimated useful life. Larry Newtona new mariage has unted that the company should not rely solely on the payback approach, but should also employ the present method whenevaliating new projects. The company's cost of capitalis 8%. Click here to view table Compute the cash payback period and represent value of the proposed investment, the represent value negative, se either negotive sin preceding the number -15 or parenthes 1451. Round antwerpen value to Odecimales, 125. Round answer for Payback period to I decimal places. 10.5. Forcalculation purposes, se decimal places as displayed in the factor table provided) Cashback period years Net present value tol Does the project meet the company's cash payback ceria Does it meet the net pret value criteria for acceptance! D