Paloma Partners is analyzing a proposal to replace its truck. The new truck costs $75,000, but would generate an additional $3,000 per year in pre-tax cash flows. Depreciation on the new truck will be calculated using straight-line, a useful life of 10 years, and no salvage value. However, the company plans to sell the new truck in 5 years for $40,000. If the company buys the new truck, it will sell its old truck, which is fully depreciated, for $15,000. The company nas a WACC of 18% and a tax rate for both income and capital gains of 21%. 1. What is the net initial investment