Rapid parcel Sservice has been offfered an eight-year contract to deliver mail and small parcels between army installations. tp accept the contract, the company would have to purchase several new delivery trucks at a total cost $450,000. Other data relating to the contract follow: Annual net cash flow receipts (before taxes) from the contract $108,000 Cost of overhauling the motors in the trucls for 5 year $45,000 Salvage of the trucks at the termination of the contract $20,000 If the contract were accepted, several old, fully depreciated trucks would be sold at a total proce of $30,000. These funds would be used to help purchase the new trucks, for tax purposes, the company computes deprciation deductions assuming zero salvage value and uses straight-line depreciation. The trucks wold be depreciated over eight years. The company requires a 12% after tax return on all equipment purchases. The tax rate is 30% required: Compute the net present calue of this investment opportunity. Repond all dollar amount to the nearest whole dollar, Would you recommend thta the contract be accepted