A cоntrаctоr hаs purchаsed a wheel lоader for $115,000 and plans to use it for 2,000 hours per year. The cost of one set of tires is $25,000. At this usage rate, the contractor anticipates disposing of the loader after using it for 10 years and realizing a salvage value of $35,000. The flywheel horsepower rating of the loader’s diesel engine is 105 horsepower. The loader operator will earn $34.00 per hour including fringe benefits, and diesel fuel costs $1.20 per gallon. The interest rate is 10%. How much will be the hourly cost of the second set of tires if the life of the tires is 4,000 hours?