White Oaks Properties builds strip shopping centers and small malls. The company plans to replace its refrigeration, cooking, HVAC, and other equipment with newer models in the entire center built $9$ years ago. The original purchase price of the equipment was $$678,000$ nine years ago and the operating cost has averaged $$240,000$ per year. Determine the equivalent annual cost of the installed equipment, if the company can now sell it for $$176,000.$ The company$$s MARR is $25\%$ per year. $($Include a minus sign if necessary$).$

The equivalent annual cost of the installed equipment is $

$.$