Bubba wants to become a full-time ride-sharing driver with Uber and Lyft. He is trying to decide whether to purchase or lease a vehicle. He has a quote from a leasing company, but still needs to compute the EAA from the purchase option. Bubba would purchase a Lincoln Town Car for $55,000. He believes that it would generate revenue of $60,000 per year with associated operating expenses of $26,000. Given the heavy use, the car is only expected to last for 5 years. The car will be depreciated straight-line over five years to a zero salvage value, but will actually have an expected selling price of $12,500 at the end of that time. Given Bubba's tax rate of 30% and his required rate of return of 9%, what is the EAA of the Lincoln Town Car if purchased? $15,121.97 O $14,421.97 O $13,721.97 O $13,021.97