A $6-$year operating lease calls for end of year annual payments of $$2,100.$ The leased asset would cost $$9,200$ to buy and would be depreciated straight$-$line to zero salvage value over $6$ years. The actual salvage value is negligible. The firm can borrow at a rate of $8$ percent. What is the NPV of the lease relative to the purchase $($NAL$)$ if the lessee$$s tax rate is $35\%?$

choose from the below the correct answer:

a$)$ $$439\mathrm{.}78$

b$)-$$$390\mathrm{.}86$

c$)$ $$408\mathrm{.}81$

d$)-$$$410\mathrm{.}22$

e$)$ $$399\mathrm{.}07$