All$-$Tek is considering leasing some new equipment for $5$ years with annual payments of $$27,500.$ The equipment would cost $$115,000$ to buy and would be depreciated straight$-$line to a zero salvage value. The actual salvage value is zero. The firm can borrow at $8$ percent and does not expect to owe any taxes for the next several years. What is the maximum lease payment All$-$Tek would be willing to pay?

choose the correct answer:

a$)$ $$24,840\mathrm{.}00$

b$)$ $$23,000\mathrm{.}00$

c$)$ $$18,842\mathrm{.}56$

d$)$ $$28,802\mathrm{.}49$

e$)$ $$21,780\mathrm{.}30$