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Breakdown the depreciation for each piece of equipment & overall equipment summary. Calculate the overall hourly rate that is required to maintain the following equipment:

Breakdown the depreciation for each piece of equipment & overall equipment summary. Calculate the overall hourly rate that is required to maintain the following equipment:

a. Four Graders $100,000/each

b. Three 40 cuyd Trucks $65,000/each

c. Three Payloaders $45,000/each

d. Two vibratory Rollers $75,000/each

The annual depreciation is 8%. Usage will be assumed at 1500 hrs/yr.

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