Blanc Corp leases welding equipment from Night Inc. The cost of the equipment is . The vearly beginning of year lease payments are per year. The lease will last for three years. The company uses straight line depreciation over three years to depreciate the equipment. Night inc, pays $5,000 a year in maintenance contracts on the equipment (end of year) due to Night inc. owning the equipment. The estimated salvage value is 30 . The corporate tax rate for both firms is . Both firms have a cost of borrowing of and a required rate of return (WACC) of . Calculate the NAL from Night's point of view. Round to the nearest $. Make sure to include a negative sign if it is negative. Is Night the lessee or the lessor? What is the year zero cashflow? What is the year one cashflow? What is the year three cashflow?