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Pierre LeClerc is considering purchasing a new car. The price of the car is $42000, and Pierre hopes to keep it 5 years and then

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Pierre LeClerc is considering purchasing a new car. The price of the car is $42000, and Pierre hopes to keep it 5 years and then sell it for $12400. Based on past experience, Pierre drives about 10,000 km per year and lives in a downtown apartment where they must pay a $61 per month parking fee. Pierre has budgeted the following automobile expense items for the next 5 years: Expense Cost Fixed/Variable Gasoline(13.5L Per 100KM)($1.55 Per Liter) Variable Licence/Registration $492 Fixed Insurance $3392 Fixed Maintenance $1500 Variable Tires ($836 per set that last 55000KM) Variable Parking (60 Months ) $3660 Fixed Interest $2620 Fixed Depreciation (STRAIGHT LINE) Fixed CALCULATE THE FOLLOWING USING THE ABOVE INFORMATION: TOTAL KMS 50000KM TOTAL FIXED COSTS (TFC) AVG. FIXED COSTS / KM TOTAL VARIABLE COSTS (TVC) AVG. VARIABLE COSTS / KM TOTAL COSTS (TC) AVG. TOTAL COSTS/KM Pierre and their friend Greta plan to drive the car to Yellowknife for a trip. The one way trip from Edmonton to Yellowknife is expected to be 1546 km, and they plan to split the car costs 50-50. Calculate the TOTAL cost of the trip under the assumption that costs are split as follows

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