A company is deciding whether to lease or buy new equipment. The equipment can be purchased for $80,000 or leased for a 8 -year period for $8,750 per year (due at the beginning of each year). The firm can borrow at 10%. The equipment has a CCA rate of 28%. Salvage value in 8 years is expected to be $2,000. The company's marginal tax rate is 30%. Calculate PV CCATS. Round the PV CCATS to 2 decimals (e.g 22.05), and the unit is $