this is the 4th time I am posting this question. I need help, I will thumbs up if correct.

A firm is considering replacing the existing industrial air conditioning unit. They will pick one of two units. The first, the AC360, costs $26,787.00 to install, $5,129.00 to operate per year for 7 years at which time it will be sold for $6,991.00. The second, RayCool 8, costs $41,167.00 to install, $2,058.00 to operate per year for 5 years at which time it will be sold for $9,075.00. The firm's cost of capital is 5.08%. What is the equivalent annual cost of the RayCool8? Assume that there are no taxes. Answer format: Currency: Round to: 2 decimal places