ASB is considering leasing a new machine. The lease calls for 8 payments of $1,350 per year with the first payment occurring immediately. The machine costs $8,369 to buy. The present value of CCA tax shield is $1,450. The present value of its salvage value is $455 and the present value of CCA recapture is $50. ASB firm can borrow at a rate of 10%. The corporate tax rate is 30%. What is the NPV of leasing?