A firm is must choose to buy the GSU-3300 or the UGA-3000. Both machines make the firms production process more efficient which in turn increases incremental cash flows. The GSU-3300 produces incremental cash flows of $26,648.00 per year for 8 years and costs $101,338.00. The UGA-3000 produces incremental cash flows of $27,649.00 per year for 9 years and cost $124,309.00. The firms WACC is 9.82%. What is the equivalent annual annuity of the UGA-3000? Assume that there are no taxes.

A firm is must choose to buy the GSU-3300 or the UGA-3000. Both machines make the firm's production process more efficient which in turn increases incremental cash flows. The GSU-3300 produces incremental cash flows of $26,648.00 per year for 8 years and costs $101,338.00. The UGA-3000 produces incremental cash flows of $27,649.00 per year for 9 years and cost $124,309.00. The firm's WACC is 9.82%. What is the equivalent annual annuity of the UGA- 3000? Assume that there are no taxes. Submit Answer format: Currency: Round to: 2 decimal places