Use this information: Atter analyzing a five-year project using the NPV arterion, you, the lirancial manager ci Fresde bi Dring Lic, true destra 49 co ahead with the proposed project and purchase equiprent costing sL.95 milion. The pres eil yed foenetal prtar ost nored 5350,000 per year for the next five years, Tre equipment belongs to the ass dias with a COA rate o 20%, ard bessup et el a worthless at tre end of the projects lie. The asset class will remain open alter the cad d the profet. Precale con braun te $L.5, millon from the Royal Canadian Bank at 10% compounded annually. The company's marginal comportie, tax rate 6: 3%. Before purchasing the equipment, you deedde that It might be worthwhile to check out the leasing atemative. You torted tin meres of We-Lease-Y-All Corp. and obtain the folloing quote: Lease term: five years Lease payment: $375,000 per year Lease payment due: beginning of each year