You are considering the proposed acquisition of a truck for the firm. The truck has a base price of Tk. 300,000 and it will take another Tk.50,000 to modify it for the intended use. The truck has a life of 5 years and after that period it can be sold for Tk. 100,000. The use of truck will require an increase in the net operating working capital of Tk. 10,000. The truck will reduce cost by Tk. 55,000 in before tax operating cost and revenue. The firms marginal tax rate is 40%. If the projects cost of capital is 12%, should the truck be purchased? The truck falls in MACRS 5-year class. The applicable depreciation rates are 20%, 32%, 19%, 12%, 12% and 5%.