Congaree Inc. is considering the purchase of a machine that promises to reduce operating costs by the same amount for every year of its $5-$year useful life. The machine will cost $$213,180$ and has no salvage value. The machine has a $14\%$ internal rate of return. $($Ignore income taxes.$)$

Use the documents provided in the instructions to determine the appropriate discount factor$($s$).$

What are the annual cost savings promised by the machine?