Assume a machine costs $$250,000$ and lasts five years before it is replaced. The operating cost is $$37,200$ a year. Ignore taxes. What is the equivalent annual cost if the required rate of return is $16\mathrm{.}5$ percent? $($Hint: the EAC should account for both investment and annual operating costs$)$$$137,970\mathrm{.}10$

$$132,088\mathrm{.}77$

$$126,207\mathrm{.}44$

$$120,326\mathrm{.}11$

$$114,444\mathrm{.}78$