Net Present Value Method for a Service Company Coast-to-Coast Inc. is considering the purchase of an additional delivery vehicle for $34,000 on January 1,20Y1. The truck is expected to have a fiveyear life with an expected residual value of $5,000 at the end of five years. The expected additional revenues from the added dellvery capacity are anticipated to be $71,000 per year for each of the next five years. A driver will cost $52,000 in 20Y1, with an expected annual salary increase of $4,000 for each vear thereafter. The annual operating costs for the truck are estimated to be $3,000 per year. a. Determine the expected annual net cash flows from the delivery truck investment for 20Y1-20Y5. b. Compute the net presept value of the investment, assuming that the minimum desired rate of return is 12%. Use the table of the present value of $1 presented above. When required, round to the nearest dollar. If required, use the minus sion to indicate a negative net present value. c. Is the additional truck a good investment based on your analysin? because the net present value is