Adventure Yachts, Inc. produces sailboats for celebrities. The quality can be improved with the addition of new equipment, and the company is trying to decide whether to lease or purchase the equipment. The total cost to lease the equipment will be $159,500 over its estimated life, while the total cost to buy the equipment will be $123,800 over its estimated life. At the company's required rate of return, the net present value of the cost of leasing the equipment is $111,800 and the net present value of the cost of buying the equipment is $128,500. Based on financial factors, Adventure Yachts should: Multiple Choice O lease the equipment, saving $35,700 over buying. buy the equipment, saving $35,700 over leasing. lease the equipment, saving $16,700 over buying. o oo buy the equipment, saving $16,700 over leasing