Tamarack Aerospace is buying a used Cessna Citation CJ1 jet for $840,000 which they expect to fly for 3 years before it needs to be replaced. The Cessnas annual operating cost is $9,000. If Tamaracks required rate of return is 8%, what is the jets EAC? (Round your answer to whole dollars)

• $-339,440

• $-336,206

• $-334,948

• $-329,720

• $-316,689