A firm can lease a truck for 4 years at a cost of $34,000 annually. It can instead buy a truck at a cost of $84,000, with annual maintenance expenses of $14,000. The truck will be sold at the end of 4 years for $24,000. What is the equivalent annual cost of buying and maintaining the truck if the discount rate is 14%? (The answer is not correct on other solution posts) (It is also known that it is better to go with the lease for $34,000 annually)

Note: Do not round intermediate calculations. Round your answer to 2 decimal places.