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Annual depreciation Current year's loan interest Insurance Average gasoline price Parking/tolls $ 3,000 $ 730 $ 935 $ 4.00 per gallon $ 760 Annual mileage

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Annual depreciation Current year's loan interest Insurance Average gasoline price Parking/tolls $ 3,000 $ 730 $ 935 $ 4.00 per gallon $ 760 Annual mileage Miles per gallon License and registration fees Oil changes/repairs 15, 240 24 $ 150 $ 880 a. Calculate total annual operating cost of the motor vehicle. Total variable cost Total fixed cost Total annual operating cost b. Calculate operating cost per mile. (Round your answer to 2 decimal places.) Operating cost per mile

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