A company needs to decide whether to buy or lease new equipment. The company can buy the equipment for $3,500,000. I leased, the company will be required to pay maintenance costs annually. Consider the following: Present Value of Lease Payments Before-tax - $2,000,000; Present Value of Lease Payments Tax Shield - $400,000: PVCCATS $875,000, Present Value of Salvage Value - $900,000, Present Value of Annual Maintenance Costs After-tax $7,000. Assume you were computing the NAL for the company, What amount would you use in your analysis for the present value of buying Do not round Intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the sign in your response. For example, an answer of $1.000.50 should be entered as 1000.50