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Kristen Lu purchased a used automobile for $37,850 at the beginning of last year and incurred the following operating costs: The varlable operating cost consists

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Kristen Lu purchased a used automobile for $37,850 at the beginning of last year and incurred the following operating costs: The varlable operating cost consists of gasoline, oll, 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 $7,570. The car is kept in a garage for a monthly fee. Required: 1. Kristen drove the car 29.000 miles last year. Compute the average cost per mile of owning and operating the car. (Round your answers to 2 decimol ploces.) 2. Kristen is unsure about whether she should use her own car or rent a dir to go on an extended cross country trip for two weeks during spring break. What costs above are relevant in this decision? (You may select more than one answer. Single click the box with the question mork to produce a check merk for a correct answer and double click the box with the question mark to empty the box for o wrong onswer. Any boxes left with a question mark will be automaticolly graded os incorrect.)

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