Part II Life cycle ownership costs Purchase Cost Useful life Miles per Year Miles per Gallon Average Fuel Price per Gallon Hybrid H $17,000 15 yrs 14,000 32 $3.75 miles Hybrid T $19,000 15 yrs 14,000 35 $3.75 miles Operating Cost $0.12/mile $0.09/mile 1. Given the above cost parameters, what is the total vehicle life cycle cost of this hybrid car H? (10 pts) 2. What is the break-even point in miles between the hybrid vehicle H and T? (10 pts) 3. Given the break-even mileage in the previous question, what is the payback period in years? (5 pts)