PLEASE INCLUDE FULL EXCEL AND FORMULAS

ive sent in multiple qs into chegg and theyve all been incorrect..plz help.

Bridgton Golf Academy is evaluating new golf practice equipment. The "Dimple$-$Max"

equipment costs $$125,000,$ has a $6-$year life, and costs $$9,600$ per year to operate. The

relevant discount rate is $9$ percent. Assume that the straight$-$line depreciation method is

used and that the equipment is fully depreciated to zero. Furthermore, assume the

equipment has a salvage value of $$9,300$ at the end of the project's life. The relevant tax

rate is $24$ percent. All cash flows occur at the end of the year. What is the equivalent

annual cost $($EAC$)$ of this equipment? $($A negative amount should be indicated by a

minus sign. Do not round intermediate calculations and round your answer to $2$

decimal places, e$.$g$.,32\mathrm{.}16.)$