A 8-year project has an initial fixed asset investment of $36,540, an initial NWC investment of $3,480, and an annual OCF of $55,680. The fixed asset is fully depreciated over the life of the project and has no salvage value. Required: If the required return is 17 percent, what is the project's equivalent annual cost, or EAC? (Do.not round your intermediate calculations.) Multiple Choice $61,708.95 $68,204.63