An asset costs $$780,000$ and will be depreciated in a straight$-$line manner over its three$-$year life. It will have no salvage value. The lessor can borrow at $6\mathrm{.}1$ percent and the lessee can borrow at $8\mathrm{.}6$ percent. The corporate tax rate is $24$ percent for both companies.

a$.$

What would the lease payment have to be to make both the lessor and lessee indifferent about the lease? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$.$ Assume that the lessee pays no taxes and the lessor pays taxes. For what range of lease payments does the lease have a positive NPV for both parties? $($Enter your answers from lowest to highest. Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Lease Payment Range: $\_\_\_\_\_\_\_$ to $\_\_\_\_\_\_\_.$