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Table 1. Ann Arbor Railroad - Projected Cost for March 20X0 COST TYPE COST ELEMENTS AMOUNT Head office-related (in Detroit station) Administrative personnel, marketing

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Table 1. Ann Arbor Railroad - Projected Cost for March 20X0 COST TYPE COST ELEMENTS AMOUNT Head office-related (in Detroit station) Administrative personnel, marketing costs, IT costs $500,000 per month Roadbed, track, and signaling equipment-related Depreciation of track & signaling $1,000,000 per month equipment Interest payments $500,000 per month $5,000 per month Maintenance workers Repair materials $200 per slow-speed trip $400 per high-speed trip Station-related Building costs (temperature control, leasing costs, etc.) and other costs (including cleaning service, ticket, and baggage handling personnel) Detroit: $20,000 per month Chicago: $32,000 per month All other stations combined: $7,000 per month Train-related Leasing costs slow-speed train Leasing costs-high-speed train Hauling costs (power and fuel) Engineers and onboard service staff total Onboard services Gourmet services contract $100,000 per month per train $500,000 per month per train $5,000 per slow-speed trip $8,000 per high-speed trip $150,000 per month $700,000 per month $8 per passenger

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