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A firm has two mutually exclusive investment projects to evaluate. The projects have the following cash flows:

Time	After-tax Cash Flow X	After-tax Cash Flow Y
0	-$85,000	-$80,000
1	35,000	30,000
2	55,000	30,000
3	60,000	30,000
4	-	30,000
5	-	10,000

Projects X and Y are equally risky and may be repeated indefinitely. If the firms 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 -Select-XYItem 1 , whose EAA = $