You are considering two mutually exclusive projects with unequal lives. One of the projects has an up $-$ front cost of $

CF$0=-44,000$ and produces positive after $-$ tax cash inflows of $$22,000$ a year at the end of each of the next

$7$ years. Assuming the cost of capital is $8\mathrm{.}7\%,$ what is the equivalent annual annuity of the project?

A$)$ $$10,075$

B$)$ $$10,735$

C$)$ $$11,545$

D$)$ $$12,535$

E$)$ $$13,345$

F$)$ $$14,035$