A five$-$year project has an initial fixed asset investment of $$305,000,$ an initial NWC

investment of $$29,000,$ and an annual OCF of $-$$$28,000.$ The fixed asset is fully

depreciated over the life of the project and has no salvage value. If the required return is

$10$ percent, what is this project's equivalent annual cost, or EAC? $($Negative amount

should be indicated by a minus sign. Do not round intermediate calculations and

round your final answer to $2$ decimal places. $($e$.$g$.,32\mathrm{.}16))$