Truck He has one truck that he purchased. The amount he still owes on the truck is $$20,000,$ and the payment is $$300/$month

Mowers: He has three new riding mowers. He owes $$3,000$ on each and he pays $$\frac{100}{?}$ manth for each one

Other Equipment All other equipment is paid for and in good working order, and he is willing to sell all of it to you for $$2\mathrm{.}000($and you think it will last $20$ mowing months$).$ He estimates it will cost $$\frac{100}{?}$ month for mainlenance of the truck. mowers, and other equipment.

You have a degree in tandscape architecture and design, and you have been the groundskeeper at a golf cmurse for the last five years. You believe with your knowledge and entrepreneurial ideas you could improve greatly an his business model. In summary your costs are

Truck payment $$300$ month

Mowers $$300$ month

Other equipment $$2,000$ to purchase now $($will last appraximately $20$ months$)$

Chief mower makes $$15$ hour, staff worker makes $$10$ haur. Each staff worker can mow $1$ lawnihour $($Average $$13/$lawn in Scenario $1$ or average $$25$ per lawn in Scenario $2)$

Maintenance $$100$ month

Insurance $$300$ month

Fuel $$3$ igallon: $1$ gallon is sufficient to mow one lawn.

Supplies $($trimmer line, etc$)$ $$150/$awn

Advertising: $$50$ month, but if you do $$300$ imonth advertising, you can potentilly tiple your volume of contracts

Owner $($you$)$ will spend time doing quality control, marketing, and plannirig for the future.