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Biden Construction is considering buying a new dump truck from Harris Truck Sales. The truck will cost $50,000 plus $3000 of licensing fees. The truck

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Biden Construction is considering buying a new dump truck from Harris Truck Sales. The truck will cost $50,000 plus $3000 of licensing fees. The truck will be insured at no additional cost under a fleet policy. Biden anticipates using the truck for 5 years, with incremental net earnings after tax of: Y 18,000 Y2 14.000 Y3 12,000 Y4 12,000 Y5 10.000 The company anticipates an engine overhaul costing $5,000 at the end of the third year. The company anticipates a trade-in at the end of the fifth year of $3,000. Prepare the answer in Excel, in good form. Maximum possible points = 30. Assignment is optional

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