Based on the data provided here, calculate the items requested:

Annual depreciation $ 2,500 Annual mileage 13,680 Current year's loan interest $ 670 Miles per gallon 24 Insurance $ 740 License and registration fees $ 85 Average gasoline price $ 3.50 per gallon Oil changes/repairs $ 490 Parking/tolls $ 500

a. Calculate total annual operating cost of the motor vehicle.

Total variable cost	$
Total fixed cost	$
Total annual operating cost	$

b.	Calculate operating cost per mile. (Enter your answer in cents rounded to 1 decimal place.)

Operating cost per mile