You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner $($leasing is a very common practice with expensive, high$-$tech equipment$).$ The scanner costs $$2,000,000,$ and it would be depreciated straight$-$line to zero over $4$ years. Because of radiation contamination, it will actually be completely valueless in $4$ years. You can lease it for $$700,000$ per year for four years. Assume that your company does not anticipate paying taxes for the next several years. You can borrow at $10$ percent before taxes.

What is the NAL of this lease?