The Riteway Ad Agency provides cars for its sales staff. In the past, the company has always purchased its cars from a dealer and then sold the cars after three years of use. The company's present fleet of cars is three years old and will be sold very shortly. To provide a replacement fieet, the company is considering two aitematives Purchase atternative: The company can purchase the cars, as in the past, and sel1 the cars after three years of use. Ten cars w121 be needed, which can be purchased at a discounted price of $17, Bee each. If this alternacive is accepted, the follouing costs ud11 be incurred on the fleet as a whole: At the end of thee years, the fleet could be sold for orte-half of the original purchase price lease otternativet The company san lease the cars under a three-year lease contract, The lease cost would be 555 , ebe per year (the first payeent due at the and of year 1). As part of this lease cost, the owner moudd provide and of rervacing and ropairs, IIcense the cars, and pay al1 the taxes. Riteway would be reauired to make a 510 , 900 securtty deposit at the beginning of the lease period, which wuld be refunded when the cars wore returned to the ciner at the end of the leale contract