Problem $12-4$ EAC Approach $($LG$12-8)$

You are evaluating two different cookie$-$baking ovens. The Pillsbury $707$ costs $$72,500,$ has a $5-$year life, and has an annual OCF $($aftertax$)$ of $-$$$11,800$ per year. The Keebler CookieMunster costs $$99,000,$ has a $7-$year life, and has an annual OCF $($after$-$tax$)$ of $-$$$9,800$ per year.

If your discount rate is $12$ percent, what is each machine's EAC? $($Negative amounts should be indicated by a minus sign. Round your answers to $2$ decimal places.$)$

$\backslash$table$[[,$EAC$],[$Pillsbury $707,],[$Keebler CookieMunster,$]]$