Question: Rocky Mountain Bus Tours needs an additional bus for three years. It can lease a bus for $2100 payable at the beginning of each month,

Rocky Mountain Bus Tours needs an additional bus for three years. It can lease a bus for $2100 payable at the beginning of each month, or it can buy a similar bus for $120,000, using financing at the rate of 7.5% compounded monthly. The bus's resale value after three years is expected to be $60,000.

B. What is the financial advantage in current dollars of the preferred choice?(Round your intermediate calculations and answer to the nearest dollar.)

The financial advantage $____

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