A company is considering to either purchase or lease a new machine. The equipment can be leased for $80,000 per year for 7 years (due at the beginning of each period) or purchased for $250,000. The company can borrow at 3%. Annual maintenance is $1,000 and service costs are $750. The equipment has a tax rate of 20%. Salvage vale is expected to be $15,000. The firm's marginal tax rate is 30% and WACC is 10%. Should the company buy or lease the machine?