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For some years, Mel has contracted with several major pizza retallers for home dellvery services....

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Accounting

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For some years, Mel has contracted with several major pizza retallers for home dellvery services. He uses a MARR of 12% per year in all business dealings. His current van, purchased 10 years ago for $75,000, can be used for 3 more years, with an AOC of $23,000 and an estimated $25,000 trade-in value. A better-equipped van will cost $132,500. have an economic life of 6 years, an estimated tradeIn value of $45,000, an AOC of $32,000 per year, and will generate an estimated $15,000 per year additional revenue. On the basis of these estimates, what market value now for the current van will make the new van equally attractive? Solve by spreadsheet or factors, as requested by your instructor. On equating the AW values of the currentisan and the new van, to calculate the market value now for the current van, the spreadsheet tool that should be used The market value now for will make the new van equally attractive will be $

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