A firm can lease a truck for $5$ years at a cost of $$39,000$ annually. It can instead buy a truck at a cost of $$89,000,$ with annual maintenance expenses of $$19,000.$ The truck will be sold at the end of $5$ years for $$29,000.$

a$.$ What is the equivalent annual cost of buying and maintaining the truck if the discount rate is $12\%?$ Note: Do not round intermediate calculations. Round your answer to $2$ decimal places.

$\backslash$table$[[$Equivalent annual cost,$$,20,317\mathrm{.}57$