A company's weighted average cost of capital is 11.8% per year. A project requires a capital investment of exist40,000 today and the associated operating costs will be exist10,000 per year for five years. What is the equivalent annual annuity of the project's costs? 1) exist23, 773 2) exist21, 041 3) exist26, 227 4) exist25, 229 5) exist27, 809