Aluworks is trying to decide whether to lease or buy some new equipment. The equipment costs $50,000$ and has a $6-$year life. The equipment will be worthless after the $6$ years and will have to be replaced. The company has a tax rate of $31$ percent, a cost of borrowed funds of $7$ percent, and uses straight$-$line depreciation. The equipment can be leased for $10,600$ a year. What is the amount of the after$-$tax lease payment?