Assume a Machine Costs $136,000 and Lasts Four Years Before

Assume a machine costs $136,000 and lasts four years before it is replaced.The operating cost is $6,000 a year.Ignore taxes.What is the equivalent annual cost if the required rate of return is 12 percent?

A) $35,714.29
B) $50,775.88
C) $38,775.88
D) $51,006.23
E) $38,757.88