big Sky Mining company must install 51.5 million of new machinery in its Nevada mine. It can obtain a bank loan for 100% of the purchase price, or it can be the machinery meth the following facts apply 1. The machinery falls into the HACKS 3 year class. The depreciation rates for Year through Year are equal to 0.3333, 0.4145, 0.1481, and 0.01) 2. Under with the lease or the purchase, Big Sky must pay for insurance property taxes, and maintenance 3. The firm's tax rate is 25% 4. The loan would have an interest rate of 15%. It would be nonantorizing, with only interest pald at the end of each year for four years and the principal repaidatar 5. The lease terms call for $420,000 payments at the end of each of the next 4 years 6. Big Sky Mining has no use for the machine beyond the explration of the lease, and the machine has an estimated residual value of $250,000 at the end of the 4th year. a. What is the cost of owning? Enter your answer as a positive value. Do not round intermediate calculations. Write out your answer completely. For example, 5 milion should be thered as 5,000,000. Round your answer to the nearest dollar b. What is the cost of leasing? Enter your answer as a positive value. Do not round Intermediate calculations. Write out your answer completely. For example.5 million should be entered 5,000,000. Round your answer to the nearest dollar What is the NAL of the lease? Do not round intermediate calculations. Write out your answer completely. For example 5 milion should be entered as 5.000.000. Round your answer to the nearest dollar