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QUESTION 7 INGE bread uses its own transportation equipment to deliver consumer products to small convenience stores. The typical truck has a cost of $29,061.

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QUESTION 7 INGE bread uses its own transportation equipment to deliver consumer products to small convenience stores. The typical truck has a cost of $29,061. The yearly maintenance starts at $1,075 but studies show that the increment in maintenance cost is about $240 per year. After so many years of use, the equipment must be changed for a new one At that time the average depreciation rate is 12% per year. INGE uses a MARR of 7.9% for their investment projects. What is the cost of owning these transportation units if renovation occurs every 13 year

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