A company is currently paying a sales representative $0.60 per mile to drive her car for company business. The company is considering supplying the representative with a car, which would involve the following: A car costs $25,000, has a service life of 5 years, and a market value of $5,000 at the end of that time. Monthly storage costs for the car are $200, and the cost of fuel, tires, and maintenance is 20 cents per mile. The car will be depreciated by MACRS, using a recovery period of 5 years (20%, 32%, 19.20%, 11.52%, and 11.52%) The firm's marginal tax rate is 40%. Click the icon to view the interest factors for discrete compounding when 15% per year. (a) Suppose that the required travel by the sales person would be 30,000 miles per year. Which option would be better at i 15%? The AEC of paying $0.60 per mile to a sales representative is (Round to the nearest dollar.) The AEC of providing a car to a sales representative is (Round to the nearest dollar.) Which option would be better? Choose the correct answer below. O Providing a car to a sales representative O Paying S0.60 per mile to a sales representative (b) What annual mileage must a salesman travel by car for the cost of the two methods of providing transportation to be equal if the interest rate is 15%? The annual mileage must bemiles. (Round to the nearest whole number)