You are considering two alternative machines, Machine A and Machine B$,$ for a manufacturing process. One of the machines, Machine A$,$ costs $$37,000$ to set up and $$6,000$ per year to operate, but It must be completely replaced every $6$ years, and it has no salvage value. Assuming the cost of capital is $9\mathrm{.}2\%,$ what is the equivalent annual cost of the machine?

Question $21$ options:

$$13,497$

$$14,297$

$$15,897$

$$17,247$

$$18,147$

$$19,147$