QUESTION 3 (30 Marks): Calculate the expected total hours of non-operating of the 2nd year for a wheel loader with the following information. (Consider a year for 365 days) Delivered price (Initial cost) $500,000 Estimated life 7 years $100/hour Hourly owning cost for 2nd year Hourly owning & operating cost for $190/hour 2nd year first two digits of your student number Tire cost 1000 Operating conditions Severe Rated power 500 hp Fuel price $0.5/gallon Operator's wages $18/hour Cost of special items $30/hour