Find the hourly owning and operating cost for the second year of operation of a crawler tractor under the following conditions Tractor cost-$65,000 Salvage value-$15,000 Estimated Life 5 years (2,000 hours per year) Depreciation methodDDB interest, tax, insurance = 12% Storage and misc.-4% Rated power 300 hp Fuel price-$3.00/gal Load conditions = severe Operating conditions-severe Hours operated = 2,000 /yr Operator-$35.00 per hour Assume repair costs is 80% of equipment initial costs over the lifetime of equipment and that repair costs follow the SOYD pattern increasing with age Find the hourly owning and operating cost for the second year of operation of a crawler tractor under the following conditions Tractor cost-$65,000 Salvage value-$15,000 Estimated Life 5 years (2,000 hours per year) Depreciation methodDDB interest, tax, insurance = 12% Storage and misc.-4% Rated power 300 hp Fuel price-$3.00/gal Load conditions = severe Operating conditions-severe Hours operated = 2,000 /yr Operator-$35.00 per hour Assume repair costs is 80% of equipment initial costs over the lifetime of equipment and that repair costs follow the SOYD pattern increasing with age