Your contracting business is purchasing a scraper for $900,000. The tires for the machine cost $50,000 and you expect to keep the scraper for 5 years, after which you expect to sell it for $300,000. You anticipate that you will use the scraper 1,500 hours per year and your company has a cost of capital of 8%. Assuming no major repairs or overhauls, what is the Cost of Capital per Hour for the Scraper?