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

Projects $x$ and $Y$ are equally risky and may be repeated indefinitely. If the firm's WACC is $14\%,$ 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

$,$ whose EAA $=$$