Ques. 2 Your firm is deciding whether to purchase a durable delivery vehicle or a short- term vehicle. The durable vehicle costs $23,000 and should last seven years. The short- term vehicle costs $18,000 and should last five years. If the cost of capital for the firm is 5 percent, then what is the equivalent annual cost for the best choice for the firm? Round to the nearest dollar) (5 marks)