Aiter analyzing a five-year project using the NPV criterion, you, the finandal manager of Mresze Oil Dring Loc, Nave deCiS ahead with the proposed project and purchase equipment costing $2.45 million. The project wil yied moreme tal pretar tan rices o $350,000 per year for the next five years. The equipment belongs to the asset class with a CA rate of 30%, and the eurnet nil be worthless at the end of the project's life. The asset class will remain open after the end of the project. Presle can borrow the $L.45 million from the Royal Canadian Bank at 10% compounded annually. The company's marginal corporate tax rate is 35% Before purchasing the equipment, you decide that it might be worthwhile to check out the leasing aterative. You courtad be taege of We-Lease-It-All Carp, and obtain the following quote: Lease tem: five years Lease payment: $375,000 per year Lease payment due: beginning of each year You will have to decide whether you should lease or buy the equipment based on the avalable informaten. * * With salvage value of $25,000, the PVCCATS) for the lessor is Meso /1 mark O a. $274,121.51 O b. $399,145.03 O C $799,486.30 d. $363,323.86 E. $404,394.17