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

You are evaluating two different cookie$-$baking ovens. The Pillsbury $707$ costs $$72,000,$ has a $5-$year life, and has an annual operating cash flow $($after$-$tax$)$ of $$$$11,700$ per year. The Keebler CookieMunster costs $$98,500,$ has a $7-$year life, and has an annual OCF $($after$-$tax$)$ of $$$$9,700$ per year.

If your discount rate is $13$ percent, what is each machine$$s EAC?

Note: Negative amounts should be indicated by a minus sign. Round your answers to $2$ decimal places.