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Trump Construction is considering buying a new dump truck. The truck will cost $50,000 plus $3,000 of registration fees. Trumps anticipates using the truck for

Trump Construction is considering buying a new dump truck. The truck will cost $50,000 plus $3,000 of registration fees.

Trumps anticipates using the truck for five years, with net earnings per year of

Year 1 16000

Year 2 14000

Year 3 12000

Year 4 10000

Year 5 10000

Trumps cost of capital Is 9%.

Prepare an Excel schedule to determine if this is a good deal for the company.

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