A 6-year lease calls for annual payments of $2,100. The leased asset would cost $9,200 to buy and woulbe be depreciated straight line to a zero salvage value over six 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 if the lessee's tax rate is 35 percent?

a. 439.78

b -390.86

c 408.81

d. -410.22

e. 399.07