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Deutsche Transport can lease a truck for four years at a cost of 4 1 , 0 0 0 annually. It can instead buy a

Deutsche Transport can lease a truck for four years at a cost of 41,000 annually. It can instead buy a truck at a cost of 91,000, with annual maintenance expenses of 21,000. The truck will be sold at the end of four years for 26,000. Ignore taxes.
a. What is the equivalent annual cost of buying and maintaining the truck if the discount rate is 10%?
Note: Do not round intermediate calculations. Enter your answer in euros. Round your answer to the nearest whole number.
b. Which is the better option: leasing or buying?
\table[[a. Equivalent annual cost,,41,000],[b. Better option,Leasing]]
Leasing is the correct option but I cant figure out what the EAC is.
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