Do the following problem by hand with a discount factor table using as few standard cash flows as possible. You may check your work using discount factor formulas/Excel, but please submit only the work performed by hand using the tables. Given: You manage a fleet of 500 vehicles for your company. One of these vehicles was purchased recently, and ultimately you will be responsible for deciding when it should be retired. Before you can do that (which we'll learn about soon), you will need to be able to calculate its equivalent uniform annual cost (EUAC). The vehicle was just purchased for $35,000. Every year, you will need to replace the oil, oil filter, air filter, and fuel filter for $300. Every other year, you'll also need to do maintenance on the brakes, change the coolant, and replace the transmission fluid for $800. Every three years, you'll also need to replace the battery, power steering fluid, spark plugs, and timing belt for $1,500. Given this preventative maintenance program, you figure that you can avoid unexpected, major repair bills if you salvage the vehicle after 10 years for $7,000. Required: Using the company's rule of thumb interest rate of 12%, what is the EUAC