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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-$$$90,000-$$$70,000$

$130,00040,000$

$255,00040,000$

$365,00040,000$

$440,000$

$510,000$

Projects X and Y are equally risky and may be repeated indefinitely. If the firm$$s WACC is $8\%,$ 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$-$

$,$ whose EAA $=$ $