Fool Makars manufactures equipment for use by other firms. The initial cost of one customized machine is $850,000 with an annual operating cost of $10,000, and a life of 3 years machine will be replaced at the end of its life. What is the equivalent annual cost (EAC) of this machine if the required rate of return is 15 percent? $347.647.78 $351,61029 5362,280,42 $32,280,42 $390.944,08 evious