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A motor vehicle has the following costs: annual depreciation $ 1 , 6 0 0 ; oil changes $ 1 4 0 ; automobile insurance

A motor vehicle has the following costs: annual depreciation $1,600; oil changes $140; automobile insurance $700 annually; license plate costs $100. What is the annual amount of the total fixed operating cost for this vehicle?
Multiple Choice
$1,600
$1,740
$2,300
$2,400
$2,540

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