CBA Inc. needs to replace its rawhide tanning and molding equipment. It can be used for $5$ years and will have no salvage value. The equipment costs $$930,000.$ CBA can lease it for $$245,000$ a year $($beginning$-$of$-$year lease payments$),$ or it can borrow the money to purchase the equipment at $9\%.$ CBA has a tax rate of $39\%.$ Using the straight$-$line depreciation to a salvage value of zero, what is the net advantage to leasing?

Question $14$ options:

$$138,706$

$$136,269$

$$152,062$

$-$$$79,102$

$-$$$53,267$