calculations. Round your answer to the nearest dollar. Choose Project , whose EAA =$

A firm has two mutually exclusive investment projects to evaluate. The projects have the following cash flows: TimeAfter-tax Cash Flow XAfter-tax Cash Flow Y 1 2 3 4 5 -$90,000 40,000 55,000 70,000 -$80,000 35,000 35,000 35,000 35,000 10,000 Projects X and Y are equally risky and may be repeated indefinitely. If the firm's WACC is 9%, what is the EAA of the project that adds the most value to the firm? Do not round intermediate calculations. Round your answer to the nearest dollar. Choose Project , whose EAA = $