Pushem down clearing contractors purchases a dozer with a delivered price of $470,000. The company believes it can sell the used dozer after 4 years (1,800 hr/yr) of service for $75,000. There will be no major overhauls. The company's cost of capital is 8. 3%, and its tax rate is 35%. Property taxes, insurance, and storage will run 5%. What is the owning cost for the dozer? use the time value method to calculate the depreciation portion of the ownership cos