A firm is considering the purchase of a new equipment costing $5,229,840 which qualifies for a 27% CCA rate. This equipment has a 4-year life after which it can be sold for $758,050. The firm can lease it for $1,185,730 per year for its useful life. Assume that the firm makes payments at the end of the year, the asset pool remains open, the tax rate is 40%, and the pre-tax cost of borrowing is 6.58%. What is the absolute value of the net advantage to leasing?

$125,141
	$128,617
	$132,093
	$135,569
	$139,045