You are evaluating two different cookie-baking ovens. The Pillsbury 707 costs $73,500, has a 5-year life, and has an annual OCF (after tax) of $12,000 per year. The Keebler CookieMunster costs $100,000, has a 7-year life, and has an annual OCF (after tax) of $10,000 per year.

If your discount rate is 13 percent, what is each machines EAC