A machine costs $60.00 and requires $45.00 in maintenance for each year of its 5year life. After 5 years, this machine will be replaced. If the machine belongs in a 25% CCA class and has no salvage value, what is the Equivalent Annual Cost (EAC)? Assume a tax rate of 35% and a discount rate of 10%. a) $37.64 b) $56.37 c) $46.08 d) $41.30 e) $93.28