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Based on the data provided here, calculate the items requested: Annual depreciation $ 2 , 5 0 0 Annual mileage 1 3 , 2 0

Based on the data provided here, calculate the items requested:
Annual depreciation $ 2,500 Annual mileage 13,200
Current year's loan interest $ 650 Miles per gallon 24
Insurance $ 680 License and registration fees $ 65
Average gasoline price $ 3.50 per gallon Oil changes/repairs $ 370
Parking/tolls $ 420
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.)

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