Compute the requested operating costs as indicated, based on the table below and the Information that follows. First Year Second Year Third Year
(14,500 miles) (13,000 miles) (11,500 miles)
Ske-cyl. V-8
Sbe-cyl V-8 Sb-cyl
Sedan Compact Sedan Compact Sedan Compact
V-8
Depreciation
Cents Per
8.5
4.6
6.9
4.0
5.9
3.4
Mile
Repairs and
Maintenance
Cents Per Mile
0.7
0.7
1.0
1.0
23
1.6
Gas and Oll
Conts Por Milo
2.1
1.8
2.1
1.8
2.1
1.8
Insurance
Cents Per Mile
1.1
1.1
1.2
1.1
1.4
1.3
2.2
1.6
1.1
0.8
1.1
0.8
Foderal and
State Taxes
and Fees
Cents Per Mile
Total Costs
Conts Per
Milo
52,352
$1,621
$1,795
$1,320
$1,655 $1,222
16
11.2
13.8
102
14.4
10.6
Car - V-8 sedan
Years driven = first through third
Miles driven 14,000 miles each year
The total projected Federal and state taxes and fees using method 2 for three years would be $ 609.00