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,/~ <br />EQUIPMENT <br />FOUO..EHr ~OY14 Vl m~ <br />COMPANY, INC. <br />13001 WEST SILVER SPRING DRIVE BUTLER, WISCONSIN 53007 <br />)I MILE WEST OF HIGHWAY 100, MILWAUKEE, WISCONSIN) <br />MAILING ADDRESS: P.O BOX 300, BUTLER, WISCONSIN 53007 <br />PHONE (4t4} 767-3770 <br />June 12, 1989 <br />Mr. Bob Sherman <br />Ryan Inc. East <br />1999 W. Colonial, Suite 107 <br />Orlando, FL 32804 <br />Dear Bob: <br />BRANCH OFFICES: <br />EAU CLAIRE. WI 51702 <br />RI. 2, Hwy. T, P.O. Box 176 <br />Phone 635~t 33 <br />MADISON WI 53716 <br />2106 S. StouOhton Rtl.. P.O. Box 7757 <br />Phone 222.9711 <br />GREEN BAY, WI <br />1600 N. Aehlantl Ave., P.D. Box 3126 <br />DePere, Wi 5+t 15, Phone 169-0666 <br />/\ , ~,.r <br />col <br />~ 1: ~' , <br />L~V`~ ~ ~~ <br />As discussed, we are forwarding owning and operating costs for the competitor <br />to the Caterpillar 631E motor scraper. The Komatsu WS23S-1 is currently <br />available and being used by a major contractor in the Virginia area. <br />HOURLY OWNING AND OPERATING COST ESTIMATE <br />Model: WS23S-1 Open ROPS, Air dryer $300,000.00 <br />Estimated ownership period 15 yrs. <br />Estimated usage (Hours/Years) 1,200 hours <br />Total ownership hours 18,000 hours <br />Less residual value $ 15,000.00 <br />Less Tires 15,448.32 <br />Value to be recovered through work <br />OWNING COSTS <br />. $269,551.68 <br />Costs per hour $269,551.68118,000 hours <br />Interest costs at 11.75% . <br />Insurance costs at 2.0% <br />Taxes at 3.0% <br />$ 14.98 <br />$ 15.33 <br />$ 2.67 <br />$ 6.67 <br />TOTAL OWNING CDSTS $ <br />~ r <br />~tF~ ~•~~ <br />~~ p~M~ <br />24,b~ <br />39.65 (~ <br />i~"W f" <br />