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 $30,500, and Harold expects to spend about $900 per year in maintenance costs. He would keep the vehicle for five years and estimates that the salvage value will be $12,100. Alternatively, Harold could lease the same vehicle for five years at a cost of $3,965 per year, including maintenance. Assume a discount rate of 12 percent. Required: 1. Calculate the net present value of Harold's options. (Future Value of $1, Present Valuee of $1, Future Value Annuity of $1, Present Value Annuity of $1.) 2. Advise Harold about which option he should choose. Calculate the net present value of Harold's options. (Future Value of $1,Present Value \$1, Present Value Annuity of \$1.) Note: Use appropriate factor(s) from the tables provided. Negative amounts should be indic final answers to 2 decimal places