Question: The purchasing department for Sweets Bakery is evaluating purchase of a fleet of vehicles for $150,000 plus shipping charges of $2000. Driver training at time of purchase will total $10,000. All repairs and maintenance costs will be covered under the warranty for 2 years. In year 3, you anticipate spending $25,000 for repairs. What's the total cost of ownership? Assume the firm's borrowing rate is 5%. (Round to nearest hundredth) Group of answer choices $187,000 $183,552 $152,000 $196,822 $180,800