Eight years ago, Ohio Valley Trucking purchased a large-capacity dump truck for $108,000 to provide short-haul earth- moving services. The company sold it today for $45,000. Operating and maintenance costs averaged $10,500 per year. A complete overhaul at the end of year 3 costs an extra $3600. Calculate the annual cost of the truck at /8% per year The annual cost of the truck is $- per year