A firm is considering replacing the existing industrial air conditioning unit. They will pick one of two units. The first, the AC$360,$ costs $$26,514\mathrm{.}00$ to install, $$5,165\mathrm{.}00$ to operate per year for $7$ years at which time it will be sold for $$7,167\mathrm{.}00.$ The second, RayCool $8,$ costs $$41,387\mathrm{.}00$ to install, $$2,156\mathrm{.}00$ to operate per year for $5$ years at which time it will be sold for $$9,039\mathrm{.}00.$ The firm$$s cost of capital is $5\mathrm{.}86\%.$ What is the equivalent annual cost of the AC$360?$ Assume that there are no taxes.