DB Technology Solution uses high-tech equipment to produce specialized aluminum products for its customers. Each one of these machines costs $1,480,000 to purchase plus an additional $52,000 a year to operate. The machines have a 6-year life after which they are worthless. What is the equivalent annual cost of one these machines if the required return is 16 percent?
A. -$453,657
B. -$427,109
C. -$301,586
D. -$295,667
E. -$256,947