A firm is going to acquire a new machine that costs $340,000. The firm's corporate borrowing rate is 9.6%. The machine can be leased for $62,000 at the end of each year for its 8-year life. If the firm leases, it gets no salvage value. If it owns, the expected salvage value is $60,000. Maintenance costs will be the same whether the firm leases or buys. The firm would use straight-line depreciation to a net book value of $60,000, its tax rate is 34%, and the cost of capital for the machine is 15%. The net advantage to leasing (NAL) is

a.	-$20,387.24
b.	-$13,938.27
c.	-$6,891.56
d.	-$3,297.74
e.	-$1,631.73
f.	-$983.22
g.	$983.22
h.	$1,631.73
i.	$3,297.74
j.	$6,891.56
k.	$13,938.27
l.	$16,316.37
m.	$19,614.11
n.	$312,049.40
o.	none of the above