3. Fleet Considerations The facility maintains a fleet of 15 vehicles, which are all nearing the end of their useful life. They are considering replacing the fleet with either fuel-efficient gasoline (ICE) vehicles, or switch ing over to electric vehicles so they reduce their GHG impact. They are consid ering an ICE vehicle that achieves 49MPG, compared to an EV that achieves 100mi/28KWH. Each fleet vehicle drives an average of 8500miles per year, and they plan on a 10-year life for their fleet. You may assume that maintenance costs are similar for the two vehicles and can therefore be removed from this an alysis. Further, assu me that either vehicle will have negligible resale value after 10 years. a) Calculate the PU of the vehicle operation phase for the ICE-fleet compared to the EV-fleet, based on the following data: - i=4% - Current gasoline costs for the fleet are $5.99/ gal. Assume gasoline costs are constant over the 10-year life of the vehicle. - Current electricity costs for the facility are $0.18/KWH b) How much more can they invest in the EVfleet and on-site chargers and still break even? (Note youafe not expected to fesearch actual casts for this question-justdetermine the break even point between the two options. This gives the compony the in fom mation they need to negotiote a better price...) 3. Fleet Considerations The facility maintains a fleet of 15 vehicles, which are all nearing the end of their useful life. They are considering replacing the fleet with either fuel-efficient gasoline (ICE) vehicles, or switch ing over to electric vehicles so they reduce their GHG impact. They are consid ering an ICE vehicle that achieves 49MPG, compared to an EV that achieves 100mi/28KWH. Each fleet vehicle drives an average of 8500miles per year, and they plan on a 10-year life for their fleet. You may assume that maintenance costs are similar for the two vehicles and can therefore be removed from this an alysis. Further, assu me that either vehicle will have negligible resale value after 10 years. a) Calculate the PU of the vehicle operation phase for the ICE-fleet compared to the EV-fleet, based on the following data: - i=4% - Current gasoline costs for the fleet are $5.99/ gal. Assume gasoline costs are constant over the 10-year life of the vehicle. - Current electricity costs for the facility are $0.18/KWH b) How much more can they invest in the EVfleet and on-site chargers and still break even? (Note youafe not expected to fesearch actual casts for this question-justdetermine the break even point between the two options. This gives the compony the in fom mation they need to negotiote a better price...)