Alpine Corporation is considering leasing a new machine. The lease lasts for 5 years. The lease calls for 5 payments of $45,000 per year with the first payment occurring immediately. The machine would cost $195,000 to buy and would be straight-line depreciated to a zero salvage value over 5 years. The actual salvage value is negligible because of technological obsolescence. The firm can borrow at a rate of 6%. The corporate tax rate is 21%. What is the after-tax cash flow from leasing relative to the after-tax cash flow from purchasing in year 2?

$41,450

-$39,820

$36,660

-$50,000

-$43,740