Question 3 2 pts You are purchasing new 3D printing equipment that has an initial cost of $44,000. The equipment will have the annual operating and maintenance costs indicated in the table. Annual costs occur at the end of the year. $2,500 Year 1 Year 2 Year 3 $3,000 Year 4 $1,000 $5,000 $3,000 Year 5 If your cost of capital is 14%, what is the equivalent annual cost of the equipment? Enter your answer as a positive number