Calculate the Total Cost of Ownership of the following 2 models and determine which model is a better buy. Model X Model Y $50,000 $60,000 Purchase price = Expected useful life = Maintenance cost per year = Down time per year (number of hours) = Down time cost ($ per hour) = Average mileage per year (km per year) = Average fuel costs ($ / litre) = Fuel efficiency (Litre / 100 km) = Salvage value ($) = 10 $10,000 100 $50 20,000 $2 10 $5,000 15 $8,000 150 $50 20,000 $2 8 $2,000