Peter is considering the purchase of a refrigerated van in which he can travel and deliver cakes and other items to customers living in remote areas. He estimates the following information for the potential purchase. Machine Original outlay for purchase of the space 90 000 (beginning of Year 1) Expected net cash inflow Year 1 10 000 Year 2 14 000 Year 3 16 000 Year 4 18 000 Estimate residual value 12 000 Peter thinks the cost of capital to be 12% and uses straight-line depreciation. He has sufficient funds to meet all capital expenditure requirements