1. Asphalt Pavers, Inc. Purchases a loader to use at its asphalt plant. The purchase price delivered is $357,000. Tires for this machine cost $27,000. The company believes it can sell the loader after 7 years (3,300 hr/yr) of service for $70,000. There will be no major overhauls. The company's cost-of-capital is 6.45%. What is the depreciation part of the machine's ownership cost? Use the time value method to calculate depreciation. 2. For the machine described in previous problem, what is the depreciation part of the machine ownership cost? Use the AAI method of calculation