The managers at Jackson Company were considering purchasing a new delivery truck.The new truck will generate net cash flows as shown below.If Jackson uses an 8% discount rate, what is the most Jackson should spend to purchase the new truck?

Year 1:$7,200

Year 2:$9,600

Year 3:$14,400

Year 4:$9,600

Year 5:$12,000

• A
• :
• $42,166
• B
• :
• $52,800
• C
• :
• $140,604
• D
• :
• $41,556