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please show steps. no excel. Determine the hourly owning and operating cost for the third year of operation for the wheel loader described below: PurchasePrice-$400,000Tirecost$25,000FuelCost$4.35InvestmentRate12%SalvageValue-$85,000LoadCondition-AverageOperatingHours1750/yr.Tax,StorageRate15%UsefulLife-5yearsOperatingCondition-Averag

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please show steps. no excel.

Determine the hourly owning and operating cost for the third year of operation for the wheel loader described below: PurchasePrice-$400,000Tirecost$25,000FuelCost$4.35InvestmentRate12%SalvageValue-$85,000LoadCondition-AverageOperatingHours1750/yr.Tax,StorageRate15%UsefulLife-5yearsOperatingCondition-Averag Straight Line Depreciation

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