An electric vehicle has an active life of 6 years and costs $43,000. The interest rate is 10%. The estimated trade-in schedule and annual O&M costs are given in the following table. What is the life cycle cost of the electric vehicle? (Mark the closest answer) Year Trade-in Schedule O&M Schedule 1 $36,000 $3,500 $32,000 $3,300 $30,000 $3,000 $26,000 $2,500 $18,000 $4,000 6 $10,000 $5,00 $27,128 $35,545 $31,303 $35,112 $16,230 An electric vehicle has an active life of 6 years and costs $43,000. The interest rate is 10%. The estimated trade-in schedule and annual O&M costs are given in the following table. What is the life cycle cost of the electric vehicle? (Mark the closest answer) Year Trade-in Schedule O&M Schedule 1 $36,000 $3,500 $32,000 $3,300 $30,000 $3,000 $26,000 $2,500 $18,000 $4,000 6 $10,000 $5,00 $27,128 $35,545 $31,303 $35,112 $16,230