Using the following information, determine the Ownership costs for a hydraulic excavator per hour. Actual cost (delivered)-$172,600 (cash, neglect time value of money) Horsepower rating-245 hp Salvage value-$17,200 Useful life-8 years (Assume an average of 1,600 operating hours per year) Insurance-$2,589 per year Taxes-$3,020 per year Storage-$2,157 per year Fuel Consumption per hour 0.04 gallons. Fuels and oil costs per hour--$5.00 per hr Maintenance-$300 every 500 hrs Use Factor - 50 minutes per hour Repairs -75% useful life. O $26.50 $27.50 $25.75 O $26.25