We are the financial managers for Satriale's Pork Store, a meat market located in Kearny, New Jersey. Satriale's needs a new delivery truck, and our boss, Mr. Anthony Soprano, has asked us to estimate how much value the new truck will add to the company. Use the information below to answer the following questions: 1) What is the project's NPV, IRR, MIRR, and Payback Period? 2) Should Satriale's purchase the new truck or not? Project Information: 80% equity, cost of equity = 24% 20% debt; cost of debt = 15% Tax rate = 35% $2,000 spent researching new trucks New Truck costs $95,000 8-year usable life with no salvage value Depreciated using MACRS 7-year Class; the annual depreciation rates are: Year 1 = 14% Year 2 = 25% Year 3 = 18% Year 4 = 12% Year 5 = 9% Year 6 = 9% Year 7 = 9% Year 8 = 4% Inflation = 1.5% annually Interest expense = $50,000 annually Current truck: No salvage value Projected sales and expenses without new truck: Next year's sales: $400,000 Next year's expenses: 45% of sales Sales growth: 0% Projected sales and expenses with new truck: Next year's sales: $400,000 Next year's expenses: 35% of sales Sales growth: 0%