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C Calculate the operating cost per hour for a piece of equipment based upon the following information (round to the nearest cent): . Original purchase price = $192,921 . Estimated life = 8 years Horsepower rating = 240 Anticipated operating hours per year - 1,698 Fuel cost = $4.54 per gallon Fuel consumption rate = 0.09 gallons per HP . Power utilization = 59% . Use factor = 53 minutes per hour . Annual maintenance cost per hour = 17% over useful life . Repair cost = 69% over useful life > Show Transcribed Text