Based on the data provided here, calculate the items requested: Annual depreciation Current year's loan interest Insurance Average gasoline price Parking/tolls $ 2,500 $ 650 $ 680 $ 3.50 per gallon $ 420 Annual mileage Miles per gallon License and registration fees Oil changes/repairs $ $ 13,200 24 65 370 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 mework Saved Use the following data: Down payment (to finance vehicle) Monthly loan payment Length of loan Value of vehicle at end of loan $ 4,000 Down payment for lease $ 560 Monthly lease payment $ 48 months Length of lease $ 7,200 End-of-lease charges $ 1,200 $ 440 $ 48 months $ 600 a. What is the total cash outflow for buying and for leasing a motor vehicle with a cash price of $24,000? Total Cash Outflow Buying Leasing b. Based on your answers in part a, would you recommend buying or leasing? Buying Leasing Drau1