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1 Exercise 11-14 (Algo) Identification of Relevant Costs [LO11-1] 20 DO Kristen Lu purchased a used automobile for $11.900 at the beginning of last year

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1 Exercise 11-14 (Algo) Identification of Relevant Costs [LO11-1] 20 DO Kristen Lu purchased a used automobile for $11.900 at the beginning of last year and incurred the following operating costs Depressalon 13,900 5 Yoru) 2.30 Turance $ 1.200 Gara Tent 600 Atlete and conce 320 Variable per cont 6.10 permite The variable operating cost consists of gasoline, oil, tires, maintenance, and repairs, Kristen estimates that at her current rate of usage. the car will have zero resale value in five years, so the annual straight line depreciation is $2.380. The car is kept in a garage for a monthly fee Required: Kosten drove the car 16.000 miest year compute the average cost permie of owning and operating the cm (Round your awers to 2 decimal places Answer is complete but not entirely correct. 6:40 Vigo 40000 we per me 54.500 40

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