Aztec College needs a new computer.It can either buy it for $250,000 or lease it from Macrolease company.The lease terms require Aztec to make six annual payments (prepaid) of $62,000.Macrolease needs to pay six annual maintenance costs (prepaid) of $10,000.Macrolease pays tax at 40%.Macrolease can depreciate the computer for tax purposes over 5 years starting from year 1.The computer will have a residual value of $50,000 at the end year 5.Macrolease's before tax cost of capital is 8%.For depreciation, Macrolease adopts MACRS method. Hint; please use after tax cost of capital.

*. Depreciation schedule for 5 years under MACRS (IRS required): 20%, 32%, 19.2%, 11.52%, 11.52%, 5.76% .

What is the NPV of lease for Macrolease ?

A.$120,430

B.$83,467

C.$52,346

D.$273,521

E.$-$36,408

F.$96,540

G.-$108,321

H.$28,880