ABD is a leasing company. The lease calls for 9 payments of $1,420 per year with the first payment occurring immediately. The machine costs $8,558 to buy. The present value of CCA tax shield is $1,377. The present value of its salvage value is $500 and the present value of the tax on terminal loss is $85. ABD firm can borrow at a rate of 10%. The corporate tax rate is 38%. What is ABD's NPV of leasing?