ft Phase Value Method for a Service Company Coast to Coast Inc. is considering the purchase of an additional delivery vetade for $41,000 on January 1, 2011. The truck is expected to have a five-year life with an expected residual value of $5,000) at the end of five years. The expected additional revenues from the added delivery capacity are anticipated 1 $77,000 per year for each of the next five years, A driver will cost $56.000 in 2011, wh an expected arial salary increase of $4,000 for each year thereafter. The anmaal operating costs for the truck are estimated to be 13,000 per year Present Value of $1 at Compound Interest Year 10% 12% 15 20 L 0.943 0.909 0.053 0.870 0.833 2 0.390 0.326 0.797 0.756 0.694 3 0.040 0751 0.712 0.658 0.579 4 0.792 0.683 0.636 0572 0.482 5 6.747 0.621 0.567 0.497 0.402 0.705 0.564 0.507 0432 0.335 7 0.665 0523 0.452 0.376 0.279 0.627 0.467 0.404 0.227 0.233 9 0.592 0.424 0,361 0284 0.194 10 0.558 0.306 0.322 0247 0.162 a. Determine the expected annual net cash flows from the delivery truck investment for 2011-2015. Annual Net Cash Flow 201 2012 2013 2014