Please include all work and calculations. Thanks

Handsome Hats is considering a 3-year project that will cost $150,000 for capital assets initially that will have after-tax salvage value of $12,000 at the end of the project. The operational costs (including all taxes and depreciation) will be $40,000 each year f the project. If the project takes no NWC and the required return is 15%, what is the project's Effective Annual Cost (EAC $93,000.00 O $40,000.00 $233,440.00 $102,240.82 O$93,777.00