Determine the total first-year cost of car ownership for Milagros. She just purchased a vehicle valued for

$21,550 with the following costs:

Auto Loan	: Amount, $21,550; Duration, 4 years; APR, 8.25 percent
Property Taxes	: 1.75 percent of vehicle value/year
Sales Taxes	: 4.25 percent of the sales price
Title and Tags	: $34.55/year
Insurance	: $1,996.72/year
Maintenance and Usage	: $1,221.31/year

The first-year cost of ownership for a vehicle valued and purchased for $21,550 is