1) Your client, Windhorse Co., is preparing a contract to lease a machine to Novak Corp, for a period of 25 years. Wildhorse has an investment cost of $379,000 in the machine, which has a useful life of 25 yrs and no salvage value at the end of that time. Your client is interested in earning a 10% return on its investment and has agreed to accept 25 equal rental payments at the end of each of the next 25 years. How much should Wildhorse charge for each of the 25 rental payments in order to yield a 10% return on investment?

a. 15,160

b. 37, 957

c. 41,753

d. 43,430