MN Inc. is considering replacing a machine. These are the data for both the used and new machine.

Used machine: the machine was purchased for $17,130 one year ago, the current salvage value is $10,624 and is expected to have a scrap value of $7,397 whenever it is retired. This used machine still has 3 years left of service. From now on, the operating and Maintenance costs are $1,645 for the first year and expected to increase by $1,690 thereafter.

New Machine: machine costs $12,270 and is expected to have a scrap value of $7,664 whenever it is retired. Operating and Maintenance costs are $1,947 for the first year and expected to increase by $1,018 thereafter. The service life of this machine is 3 years.

If the MARR is 9%, determine the minimum equivalent uniform annual cost associated with the optimal economic life of the machine that offers the lowest EUAC.