The city of Sydney is considering adding new buses for its current mass-transit system that will link Western Sydney Airport to major city-centers on nonstop basis. The total investment package is worth $8 million and is expected to last 10 years with a $750,000 salvage value. The annual operating and maintenance costs for buses would be $2 million. If the system is used for 600,000 trips per year, what would be the fair price to charge per trip? Assume the annual market and social interest rates are 10% and 5% respectively.