Assignment Help Sav 9 Problem 9-11 Equivalent Annual Cost (LO2) 10 Gluon Inc. is considering the purchase of a new high pressure glueball, it can purchase the glueball for $150,000 and sell its old low pressure gluebollwhich is fully depreciated, for $26.000. The new equipment has a 10 year useful life and will save 534,000 a year in expenses. The opportunity cost of capital 11%, and the firm's tax rate is 21% What is the equivalent annual saving from the purchase if Guon can depreciate 100% of the investment immediately. (Do not round intermediate calculations. Round your answer to 2 decimal places.)