Your firm is considering the acquisition of a new fleet of trucks to replace the existing fleet. The trucks are used to haul equipment to various sites, and your engineering department has identified two alternatives. Option 1: Ford Y-Series (2.5-ton capacity) step-side pickup 1a) The cost of each truck is $48000 1b) Each vehicle has a five-year life; after which it will have an estimated market value of $4800 1c) The annual maintenance on each vehicle is estimated at $1800 per year 1d). A fleet of 100 trucks will be needed Option 2: Hyundai (2-ton capacity) light-weight flatbed 2a) The cost of each truck is $35000 2b) Each vehicle has a four-year life; after which it will have an estimated market value of $2500 2c) The annual maintenance on each vehicle is estimated at $500 per year Because of its different capacity, a fleet of 125 trucks will be needed 2d) Assume that both trucks will be fully depreciated over their respective useful lives using the straight-line depreciation, and a corporate tax rate of 35%. Your job is to determine the most economically efficient option, given that the trucks will be replaced at the end of their useful lives. Assume that the firm requires a 13% after-tax rate of return on investments. 14 Compute the relevant analysis (i.e. AEC) and indicate the best alternative (rounded to nearest $1,000).