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A firm has two mutually exclusive investment projects to evaluate. The projects have the following cash flows: Time After - tax Cash Flow X After

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-$85,000-$80,000
140,00030,000
250,00030,000
365,00030,000
4-30,000
5-10,000
Projects X and Y are equally risky and may be repeated indefinitely. If the firms WACC is 6%, 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
-Select-
, whose EAA = $

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