A company plans to purchase a piece of equipment that costs $207,000 and qualifies for five-year MACRS depreciation. The equipment has a useful life of three years. At the end of year 3, the equipment will be sold for $71,000. The operating expense for the equipment is $62,000 per year. What is the after-tax equivalent uniform annual cost of owning and operating this equipment? The effective income tax rate is 25%, and the after-tax MARR is 12% per year