ABC Leasing has an after tax cost of borrowing of 10%. The company is in a 35% tax bracket. A new machine will be purchased for 100,000. The straight line method is used to calculate depreciation. With heavy use, the salvage value is zero. The firm now wants to rent out this machine for 5 years at a required return of 15%. The first lease payment starts once the contract has been signed. Furthermore, lease payments received by the lessor are fully taxable. What is the net cost of this machine for the lessor as a legal owner receiving all tax benefits?