Question: Supplement to Chapter 5 homework Answer the following question by calculating the life cycle ownership costs using Excel. Hartley Auto Supply delivers parts to area

Supplement to Chapter 5 homework Answer the following question by calculating the life cycle ownership costs using Excel. Hartley Auto Supply delivers parts to area auto service centers and is replacing its fleet of delivery vehicles. What is the total vehicle life-cycle cost of this gasoline engine truck given the information provided in the following table?

Vehicle purchase cost	$34,000
Vehicle operating cost per mile	$.13
Useful life of the vehicle	7 years
Miles per year	19,500
Miles per gallon	26
Average fuel price per gallon	$2.65

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