A company is currently paying its employees $0.38/mile to drive their own cars on company business. The company is considering supplying employees with cars which would involve purchasing at $25,000, with and estimated life of 3 years and salvage value of $8,000, taxes and insurance at $900/year and operating and maintenance cost at $0.22/mile. If the interest rate is 10% and the company anticipates an annual travel of 22,000 miles, what is the equivalent cost per mile?