$10$

Sheep Ranch Golf Academy is evaluating new golf practice equipment. The "DimpleMax" equipment costs $$125,000,$ has a $6-$year life, and costs $$9,600$ per year to operate. The relevant discount rate is $9$ percent. Assume that the straight$-$line depreciation method is used and that the equipment is fully depreciated to zero. Furthermore, assume the equipment has a salvage value of $$9,300$ at the end of the project's life. The relevant tax rate is $24$ percent. All cash flows occur at the end of the year. What is the equivalent annual cost $($EAC$)$ of this equipment? $($A negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

$\backslash$table$[[$EAC$,$s$,27\mathrm{.}634\mathrm{.}52]]$