PV and NPV-Uneven Cash Flows (Screening) PLEASE ANSWER Nos.10-13 below BASED ON THE FOLLOWING: Ajax Rentals has an opportunity to purchase a truck for $130,000 with a useful life of 5 years and a $20,000 salvage value. Spare parts totaling $4,000 must be purchased when the truck is acquired and this cost will be recovered at the end of the truck's useful life. After two years a $25,000 major overhaul is needed. Ajax can generate $75,000 a year in delivery revenues, and operating expenses will be $35,000 a year, without depreciation. Cost of capital is 8%. Part III (10) What is the present value of cash outflows? Please show your answer and the computation(s) supporting it below:3 Part III (11) What is the present value of cash inflows? Please show your answer and the computation(s) supporting it below: Part III (12) What is the implied net present value of the investment under consideration? Please show your answer and the computation(s) supporting it below: NPV, PVI, TAX ONSIDERATION AJAX RENTALS' TRUCK INVESTMENT SCREENING MANUAL PV Inflows PV Outflows (1) Truck $130000 Yr1 (130000*1.000) (2) Salvage $20000 Yr5 (20000* 0.680583) (3) Spare Parts $4000 Yr1 &Yr5 Yr.5 Recovery of Parts Cost (4) Overhaul $25000 Yr2 (25000*0.857339) (5) Rev. $75000 annually (75000*3.992710) (6) Exp. $35000 annually 35000*3.992710) #12 Net Present Value: (12) Present Value Index