An electrically-driven pump operating at steady state draws water from a pond at a pressure of 1 bar and a rate of 40 kg/s and delivers the water at a pressure of 4 bar. There is no significant heat transfer with the surroundings, and changes in kinetic and potential energy can be neglected. The isentropic pump efficiency is 80%. Evaluating electricity at 8 cents per kW-h, estimate the hourly cost of running the pump. Use = 0.