6 Check my work 166 points Bridgton Golf Academy is evaluating new golf practice equipment. The imple Mae equipment costs $96.000, has a 4-year life, and costs $8.800 per year to operate. The relevant discount rate is 9 percent. Assume that the straight line depreciation methods used and that the equipment is fully depreciated to 2010. Furthermore, assume the equipment has a salvage value of 57.700 at the end of the project's life. The relevant tax rate is 21 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, ... 32.16) B EAG 253800 2 decimal places required