Question: SUBJECT: CONSTRUCTION ENGINEERING Using the following information, determine the ownership and operating costs for hydraulic excavator. Actual cost (delivered) - $172,600 Horsepower rating - 245

SUBJECT: CONSTRUCTION ENGINEERING

Using the following information, determine the ownership and operating costs for hydraulic excavator.

Actual cost (delivered) - $172,600

Horsepower rating - 245 hp

Salvage value - $17,200

Useful life - 8 years at 1,600 hours per year

Total interest - 6.5 percent per year

Taxes - $3,020 per year

Insurance - $2,589 per year

Storage - $2,157 per year

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