please answer QUESTION: 1.6 (handwritten scanned or picture)

1.6. NPV Daughtery Car Hire: Puzzel of should you buy a car verses rent a car if you are using the car for 2 year. Hurtle rate 4%, your income tax rate is 22%. Consider tax shield of yearly depreciation and tax loss Buy Car and sell it You buy a $25,000 Car Bluebook car January year 1, 2012 (period 1)which has a 5 year depreciable life is sold in year 2 December 2014 (period 24)for Kelly Blue Book value $13,000 Insurance on car is $150 monthly, There was no maintence cost for first month, maintaince is $200 for months 2-6, $230 a month for months 7-13 and $255 for month 14-22, and $305 for months 23-24 RENTAL CAR You can rent the same car for $600 monthly. Insurance is the same, no maintence charge.PS CJ Daughtery called me up in Dubai after I left to complain about taking advantage of him. Explain Which choice buy or rent; is better