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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 $33.311.

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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 $33.311. The yearly maintenance starts at $1,814 but studies show that the increment in maintenance cost is about $233 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 149 per year. INGE uses a MARR of 12.6% for their investment projects. What is the cost of owning these transportation units if renovation occurs every 7 year

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