please provide the correct answers

The Riteway Ad Agency provides cars for its sales staff in the past, the company has always purchased its cars from a dealer and then sold the cars after three years of use. The company's present fleet of cars is three years old and will be sold very shortly. To provide a replacement fleet, the company is considering two alternatives: Purchase alternative! The company can purchase the cars, as in the past, and sell the cars after three years of use. Ten cars will be needed, which can be purchased at a discounted price of $23,000 each. If this alternative is accepted, the following costs will be incurred on the floot as whole Annual cost of servicing, tw, and licensing $ 3,900 Repairs, first year $ 1,800 Repairs, Second year $ 4,300 Repairs, third year $ 5,500 At the end of three years, the fleet could be sold for one half of the original purchase price Lease alternative: The company can lease the cars under a three-year lease contract. The Tease cost would be $50,000 per year the first payment dou at the end of Year 1). As part of this lease cost, the owner would provide 11 servicing and repairs, license the cars, and pay all the taxes. Riteway would be required to make $14,500 security deposit at the beginning of the lease period, which would be refunded when the cars we returned to the owner at the end of the lease contract Riteway Ad Agency's required rate of return is 17% Click here to view it and Buz to determine the appropriate discount factors) using tables Required: 1. What is the net present value of the cash flows associated with the purchase alterative? 2. What is the net present value of the cash flows associated with the lense alternative? 3. Which alternative should the company accept? Lease alternativer The company can lease the cars under a three-year lease contract. The lease cost would be $58,000 per year (the first payment due at the end of Year 1). As part of this lease cost, the owner would provide all servicing and repairs, license the cars, and pay all the taxes. Riteway would be required to make a $14,500 security deposit at the beginning of the lease period, which would be refunded when the cars were returned to the owner at the end of the lease contract. Riteway Ad Agency's required rate of return is 17% Click here to view Exhibit 148 1 and Exhibit 1482. to determine the appropriate discount factor(s) using tables Required: 1. What is the net present value of the cash flows associated with the purchase alternative? 2. What is the net present value of the cash flows associated with the lease alternative? 3. Which alternative should the company accept? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required What is the net present value of the cash flows associated with the purchase alternative? (Enter negative amount with a minus slon Round your final answer to the bearest whole dollar amount) Net present vahe Flequired 2 > C Lease alternative The company can lease the cars under a three-year lease contract. The lease cost would be $58,000 per year (the first payment due at the end of Year 1). As part of this lease cost, the owner would provide all servicing and repairs, license the cars, and pay all the taxes Riteway would be required to make a $14,500 security deposit at the beginning of the lease period, which would be refunded when the cars were returned to the owner at the end of the lease contract. Riteway Ad Agency's required rate of return is 17% Click here to view Exhibit 148.1 and Exhibit 148 2. to determine the appropriate discount factors) using tables Required: 1. What is the net present value of the cash flows associated with the purchase alternative? 2. What is the net present value of the cash flows associated with the lease alternative? 3. Which alternative should the company accept? Complete this question by entering your answers in the tabs below. Required 1 Required 2 2 Required What is the net present value of the cash flows associated with the lease alternative? (Enter negative amount with a mines sign, Round your final answer to the nearest whole dollar amount. 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ODOC STATE SOCIOCOLLOC 9 SELISTE WEITET OF 02 DEC99 LECHONETESSE WIFI WIELOS CELESTIEREN LOGOSON GLOSSUI CALCISE 2009 ELOEELLINE V FISH STIC NACE 2011 SE COSTELL 2000 1916 666 SLOG ESCHLOST SOSTED ET FELT ES 19 QUST 01 CASSET SORE LTE DES DOS SEH POSTMODELISLE 100 NOMBRES DE 16 17 18 19 20 21 604425425167 4913 23 25 27 4913 150 16 10 10.215D921 ESIN 390 109 16.663 13.05 12:17 10.1169.101 13.KIT 16 15 14 13 10 1986 166 13921576517000 1700 10.1999 EN 1992 1991 2042979 03 30 OF O d Type here to search