Please use excel and show the excel formulas used

C D E B 1 Problem 7-69 (34 points) 2 Cash Flow Table Show formulas Used in Column D 3 3 Year Lease Purchase Incremental Difference 4 0 5 1 6 LC 2 7 3 8 4 9 10 11 5 Delta IRR Select Lease or Purchase? Does numer of trucks matter? 12 13 14 7-69 15 16 17 18 19 A state's department of transportation (DOT) is con- sidering whether to buy or lease an RFID tracking system for asphalt, concrete, and gravel trucks to be used in road paving. Purchasing the RFID sys. tem will cost $5000 per truck with a salvage value, of $1500 after the RFID system's useful life of 5 years. However, the DOT considering this purchase is also looking at leasing this same RFID system for an annual payment of $3500. which includes a full replacement warranty. Assuming that the MARRIN 11% and on the basis of an internal rate of retum analysis, which alternative would you advise the DOT to consider? Analyze incrementally using rate of return. The number of trucks used in a Seuson varies from 5000 to 7500. Does this matter? 20 21 22 23 h 24 25 26