You are evaluating two different silicon wafer milling machines. The Techron I costs $268,500, has a three-year life, and has pretax operating costs of $46,100 per year. The Techron II costs $367,500, has a five-year life, and has pretax operating costs of $49,100 per year. For both milling machines, use straight-line depreciation to zero over the projects life and assume a salvage value of $25,500. Assume the tax rate is 35 percent and the discount rate is 10 percent.

Requirement 1:

Compute the EAC for both the machines. (Do not include the dollar signs ($). Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16))