Your friend Harold is trying to decide whether to buy or lease his next vehicle. He has gathered information about each option but is not sure how to compare the alternatives. Purchasing a new vehicle will cost $35,000, and Harold expects to spend about $1,350 per year in maintenance costs. He would keep the vehicie for five years and estimates that the salvage value will be $13,900. Alternatively, Harold could lease the same vehicle for five years at a cost of $4.550 per year, including maintenance. Assume a discount rate of 12 percent. Required: 1. Calculate the net present value of Harold's options. (Euture Value of 51 , Present Value of S1. Euture Value Annuify of S1, Presant Value Annuity. of Si.) 2. Advise Harold about which option he should choose. Complete this question by entering your answers in the tabs below. Calculate the net present value of Harold's options. (Future Value of \$1, Present Value of \$1, Future Value Annuity of \$1, Present Value Annuity of \$1.) Note: Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign. Round your final answers to 2 decimal places