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(Related to Checkpoint 122) (Replacement project cash flows) Medrano's Wholesale Fruit Company located in McAllen, Tomas is comidoring the purchase of a new feet of

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(Related to Checkpoint 122) (Replacement project cash flows) Medrano's Wholesale Fruit Company located in McAllen, Tomas is comidoring the purchase of a new feet of tractors to be used in the delivery of fruits and vegetables grown in the Rio Grande Valley of Texas at goes through with the purchase, will spend $380,000 on oight is the new trucks will be kept for 5 years, during which time they will be depreciated toward a $36,000 salvage value using straight line depreciation. Thengs are expected to have a market value in 5 years equal to their salvage value. The now tractors will be used to replace the company's older flot of eight trucks which are fully deprecated but be sold for an estimated $19,000 (because the tractors have a current book value of 200, the selling price is fully tocable at the firm's 25 percent tax rate) The existing tractor foot is expected to be useable for 5 more years after which time they will have no salvage value. The existing foot of tractors uses $206,000 per year in diesel fuel whereas the new more efficient foot will use only $120,000. In addition, the new foot will be covered under warranty, so the maintenance costs per year are expected to be only $14.000 compared to 535 000 for the existing fleet a. The differential operating cash flow savings per year during years 1 through 4 for the new fleet are $ (Round to the nearest dollar) The terminal cash flow of the new fleet is s (Round to the nearest dollar) b. The initial cash outlay required to replace the existing fleet with the newer tractors is s (Round to the nearest dollar) c. is the timeline below an accurate representation of the replacement project cash flows for you through 59 Select from the drop down menu 1 0 3 2 Timo Penod 4 5 Years $97.450 $97.450 Cash Flow-$365,750 $133.450 597 450 $97 450 d. Assuming Madrano requires a discount rate of 12% for new investments, the fleet (Select the best choice below.) O A. should not be purchased because the NPV is - $5,963, making it an unacceptable investment for the company B. should be purchased because the NPV is $5,963, making it a worthwhile investment for the company

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