icon Discount Cash-Flow Analysis Assignment Sovod Help Save & Exit Submit Check my werk Gluon Inc. is considering the purchase of a new high pressure glueball it can purchase the glueball for 570,000 and sell its old low- pressute glueball, which is fully depreciated, for $12,000. The new equipment has a 10-year useful life and will save $16.000 a year in expenses. The opportunity cost of capital is 9% and the firm's tax rate is 21% What is the equivalent annual saving from the purchase Gluon can depreciate 100% of the investment immediately. (Do not round intermediate calculations. Round your answer to 2 decimal places) Equivalent annual savings