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( Time allowance: S minutes ) What is the EAC of this equipment? BGA Inc. is evaluating different golf practice equipment. The FRS equipment costs

(Time allowance: S minutes) What is the EAC of this equipment?
BGA Inc. is evaluating different golf practice equipment. The FRS equipment costs $31,000, has a 6-year life, and costs $16,000 per year to operate. 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 $9,000 at the end of the project's life. The relevant tax rate is 30%. The relevant discount rate is 10%. All cash flows occur at the end of the year
In answering the question, round to nearest dollar, DO NOT USE commas to separate thousands, and do not use the dollar ($) sign. For example if your answer is -$12,500.34 then enter -12500 ; if answer is $537.90 then enter 538 ; if the answer is -$4,000 then enter -4000.
The EAC is
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