Problem $10-29$ Calculating EAC $($LO$7)$

A five$-$year project has an initial fixed asset investment of $$270,000,$ an initial NWC investment of $$22,000,$ and an annual OCF of $$$$21,000.$ The fixed asset is fully depreciated over the life of the project and has no salvage value. If the required return is $11\%,$ what is this project$$s equivalent annual cost, or EAC? $($Negative answer should be indicated by a minus sign. Do not round your intermediate calculations. Round the final answer to $2$ decimal places. Omit $ sign in your response.$)$

Equivalent annual cost? $