You are interested in building business based on your new found passion for cooking, and you are considering two mutually exclusive potential investment projects. You have decided that the projects have to earn you at least the 7.72% per year compounded monthly you are currently averaging from your stock market picks. Your first idea involves purchasing a food truck and setting up at a number of the large community events in the area, such as music festivals, etc. A custom built truck, complete with all of the required equipment will cost you $50 000. Working only by yourself, so no human resources costs or associated headaches, you estimate: $4,600 per year Operating and Maintenance (not including food, but includes licencing fees) Net profit Inot Including O & M costs) 16,000 per year for the first two years then increasing by $1,400 per year for the foreseeable future Truck Salvage value end of year 8. $8,388 Your second business idea is to rent vacant space downtown on Princess Street and start a pub. The start-up costs for all of the necessary equipment and building renovations would be $395,000. The rental contract you would have to sign is for a four-year term. You expect the following: $60,000 per year increasing by $900 per year Operating and Maintenance (not including food, or labour, but includes rental fees and utilities) Net profit (not including O & M costs, but does include, $175,000 per year increasing by $4,365 per year food and labour costs) Salvage on equipment and decorations end of year 4 $24,700 Which project should you invest in? Show all your work, clearly identify any assumptions, and justify your conclusion:s