1 pts Tori just purchased some equipment that belongs in a 35% CCA class. The equipment cost $167,401. What will be the book value of the equipment at the end of year three? $61,203 $119,189 $94,730 $58,349 $72,670 D Question 21 1 pts Which of the following is the best definition for equivalent annual cost (EAC)? Evaluation of a project based on the project's incremental cash flows. The difference between a firm's future cash flows with a project and without the project. The present value of a project's costs calculated on an annual basis. The portion of cash flows of a new project that come at the expense of a firm's existing operations, Tax saving that results from the CCA deduction, calculated as depreciation multiplied by the corporate tax rate