Given the information below, answer questions 11 to 14:

ATD Inc. is considering a new project that has an initial outlay of $600,000. The project is expected to generate positive cash flows over the next four years in the amounts of $200,000 in year one, $300,000 in year two, $250,000 in year three, and $150,000 in year four. ATD's required rate of return is 10%.

14) What is the equivalent annual annuity (EAA) for this project?