Purchase cost new Remaining book value Overhaul needed now Annual cash operating costs Salvage value-now Salvage value-five years from now Nev Truck $ 49,000 Present Truck $36,000 $ 24,000 $ 23,000 $ 15,000 $ 13,000 $10,000 $ 16,500 $ 8,000 If the company keeps and overhauls its present delivery truck, then the truck will be usable for five more years. If ar purchased, it will be used for five years, after which it will be traded in on another truck. The new truck would be dies resulting in a substantial reduction in annual operating costs, as shown above. The company computes depreciation on a straight-line basis. All investment projects are evaluated using a 9% disco Click here to view Exhibit 14B-1 and Exhibit 143-2, to determine the appropriate discount factors) using tables. Required: 1. What is the net present value of the "keep the old truck alternative? 2. What is the net present value of the purchase the new truck" alternative? 3. Should Bllboa Freightlines keep the old truck or purchase the new one? uit tact Required: 1. What is the net present value of the "keep the old truck" alternative? 2. What is the net present value of the "purchase the new truck" alternative? 3. Should Bilboa Freightlines keep the old truck or purchase the new one? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the net present value of the "keep the old truck" alternative? (Enter negative amount with final answer to the nearest whole dollar amount.) Net present value Red Required 2 >