A new equipment is being considered at a local company at a cost of $250,000. The operation and maintenance costs of this equipment are estimated to be about $25,000 per year. Salvage value is expected to be $50,000 at the end of its useful life. The life of this equipment is estimated to vary anywhere from 6 to 9 years with the associated probabilities as shown in the table below. If an interest rate of 8% is used, what is the expected EUAC for this equipment? Life, Years Probability 6 0.3 7 0.25 8 0.2 9 0.25