Could you kindly give me the answer directly for this question ?

PS: As I have to submit my home work asap I have a deadline. you may kindly write me just quickly the final answer with main steps (if you want)

Thank you in advance

Jackson & Sons uses packing machines to prepare their product for shipping. One machine costs $122,000 and lasts about 4 years before it needs replaced. The operating cost per machine is $6,000 a year. What is the equivalent annual cost of one packing machine if the required rate of return is 12 percent? (Round your answer to whole dollars)