A company that manufactures magnetic flow meters expects to undertake a project that will have the cash flows estimated -860,000 First cost, $ Equipment replacement cost in -300,000 year 2, $ Annual operating cost, $/year Salvage value, $ -910,000 250,000 4 Life, years At an interest rate of 10% per year, what is the equivalent annual cost of the project? Find the AW value using tabulated factors. The equivalent annual cost of the project is $- 1270315