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A machine costs $60 and requires $35 in maintenance for each year of its three year life. After three years, this machine will be replaced.

A machine costs $60 and requires $35 in maintenance for each year of its three year life. After three years, this machine will be replaced. If the machine belongs in a 30% CCA class and has no salvage value, what is the EAC? Assume a tax rate of 34% and a discount rate of 14%.

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