Question: Based on the data provided here, calculate the items requested: Annual depreciation $3,000 $ 710 Current year's loan interest Insurance. $ 860 Average gasoline price

Based on the data provided here, calculate the items requested: Annual depreciation $3,000 $ 710 Current year's loan interest Insurance. $ 860 Average gasoline price Parking/tolls $ 3.50 per gallon $ 660 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. (Round your answer to 2 decimal places.) Operating cost per mile Annual mileage Miles per gallon License and registration fees Oil changes/repairs. 14,640 24 $125 $ 730

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