Anew wheel tractor scraper costs $100,000 (without tires) and has a salvage value of $10,000 at the end of five years. you will put a down payment of $10,000 and pay the rest with annual payments over 5 years. it will operate at excellent conditions 1000 hours per year. the operating cost of it without the operator cost is $0.6/hour and your historical records indicate that your combined tax and insurance rate is 10% of your aav. how much should you charge for this equipment on an hourly basis if you want to have a markup of 15% and the nominal annual interest rate is 12%? (disregard depreciation and other tax consequences)