A firm has two mutually exclusive investment projects to evaluate. The projects have the following cash flows:

Time After$-$tax Cash Flow X After$-$tax Cash Flow Y

$0-$$$100,000-$$$80,000$

$130,00040,000$

$260,00040,000$

$365,00040,000$

$4-40,000$

$5-5,000$

Projects X and Y are equally risky and may be repeated indefinitely. If the firm$$s WACC is $9\%,$ what is the EAA of the project that adds the most value to the firm? Do not round intermediate calculations. Round your answer to the nearest dollar.

Choose Project

Y

$,$ whose EAA $=$ $

$.$