Question 26 (1 point) Strong Alum, Inc. uses high-tech equipment to produce specialized aluminum products for its customers. Each one of these machines costs $1,520,000 to purchase plus an additional $52,000 a year to operate. The machines have a five- year life after which they are worthless. What is the equivalent annual cost of one these machines if the required return is 15.5 percent? (Hint: Find NPV first, then fi PMT] A) -$556,947.08 B) -$506,819.32 C) -$427,109.10 OD) -$295,666.67 E) - $510,819.31