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ATTACHMEl~T~ 4 <br />10 <br />Purpose: To determine cost to sell OPT (Orange County) an EI Dorado <br />vehicle with farebox. <br />El Dorado Vehicle <br />Cost: $109,646 <br />Useful Life: 7 years <br />Depreciation Method: Straight Line <br />Depreciation per period: $15,663.71 Federal State Local <br />Fair. Market Value <br />3/16/01 109,646.00 <br />3/16/02 $93,982.29 <br />3/16/03 $78,318.57 <br />3/16/04 $62,654.86 <br />3/16/05 $46,991.14 <br />3/16/06 $31,327.43 <br />3!16/07 $15,663.71 <br />GFI Farebox <br />FMV same as purchase price, installed 2005 <br />Farebox 10,500.00 <br />Farebox AVL Interface 100.00 <br />Farebox Installation 490.00 <br />11,090.00 <br />Interest Interest Interest <br />80% 10% 10% <br />$37,592.91 $4,699.11 <br />State <br />Interest <br />90% <br />$4,699.12 <br />Local <br />Interest <br />10% <br /> <br />$0.00 $9,981.00 <br />$1,109.00 <br />Cost to Orange County $5,808.12 <br />