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A project requires an investment of $300,000 today and it is expected to generate free cash flows of $105,000 at the end of year 1,

A project requires an investment of $300,000 today and it is expected to generate free cash flows of $105,000 at the end of year 1, $130,000 at the end of year 2, $170,000 at the end of year 3, and $110,000 at the end of year 4. If the companys weighted average cost of capital is 10.7% per year, what is the projects equivalent annual annuity?

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