$12\mathrm{.}6$ Pushem Down clearing contractors purchases a dozer with a delivered price of $$275,000.$ The company believes it can sell the used dozer after $4$ years $(2,000$ hours$/$yr$)$ of service for $$56,000.$ There will be no major overhauls. The company's cost$-$of$-$capital is $9\mathrm{.}2\%$ and its tax rate is $33\%.$ Property taxes, insurance, and storage will run $4\%.$ What is the owning cost for the dozer? Use the time value method to calculate the depreciation portion of the ownership cost. $($$$\frac{40\mathrm{.}379}{h}r)$