| Assumptions: |
| 1 |
Additional Compensation for increased cost in fuel |
$ |
0.206 |
per loaded mile |
| 2 |
Truck Payments |
$ |
510.00 |
per week |
| 3 |
Protects company from loss / 100% refundable at time
of lease completion |
$ |
2,200.00 |
(divided in 40 equal weekly payments) |
| 4 |
Based on 3.1% of Value of Tractor divided by 52 weeks
per year |
$ |
90000 |
(i.e. $108,030 x 3.1%/52 weeks = 64.40 per week) |
| 5 |
Occupational Accident Insurance |
$ |
33.46 |
per contractor |
| 6 |
Single State Registration |
$ |
250.95 |
per year |
| 7 |
Road and Fuel Tax |
$ |
0.011 |
per mile (dispatch miles x 9%) |
| 8 |
2290 Heavy Vehicle Use Tax |
$ |
550.00 |
per year (paid over 52 weeks) |
| 9 |
Fuel Cost Per Mile (CPG / MPG) |
$ |
2.322 |
Average Cost Per Gallon (CPG) |
| 10 |
Estimated Fuel Cost ((Miles / MPG) x CPG) |
|
6.3 |
Average Miles Per Gallon (MPG) |