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Arithmetic 0 1 point Question 5 Your company's MARR is 9% and uses a declining balance approach with d-26% to estimate salvage values for all its assets. You have been asked to consider the purchase of a new printing press at an upfront cost of $19,000 as well as $3,500 in installation costs. Operating and maintenance costs are estimated to be $4,020 this year, increasing by $70 per year. What is the EAC for the press if it is kept for 13 years? Use a positive sign convension for your answer, i.e EAC will be >0 and round your answer to the nearest penny Answer: (7,346.00) 7,194.92