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i can't figure out the 1st answer please help Kristen Lu purchased a used automobile for $28.150 ot the beginning of last year and incurred
i can't figure out the 1st answer please help
Kristen Lu purchased a used automobile for $28.150 ot the beginning of last year and incurred the following operating costs: The variable operating cost consists of gasoline, oil, tires, maintenance, and repairs. Kristen estimates that, at her current rate of usage, the car will have zero resale value in five years, so the annual straight-line depreciation is 55,630 . The cor is kept in a garage for a monthly fee. Required: 1. Kristen drove the car 27,000 miles last year. Compute the average cot per mile of owning and operating the car, (Round your answers to 2 decimal places.) Step by Step Solution
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