Question: Based on the data provided here, calculate the items requested: Annual depreciation$ 3 , 0 0 0 Annual mileage 1 4 , 5 2 0

Based on the data provided here, calculate the items requested:
Annual depreciation$ 3,000Annual mileage14,520Current year's loan interest$ 700Miles per gallon24Insurance$ 845License and registration fees$ 120Average gasoline price$ 4.00per gallonOil changes or repairs$ 700Parking or tolls$ 640
Calculate total annual operating cost of the motor vehicle.
Calculate operating cost per mile.
Note: Round your answer to 2 decimal places.

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