Bob's Pizza is considering either leasing or buying a new oven. The lease payments would be $19,000 a years. The purchase price is $54,000. The equipment has a 3-year life and then expected to have a resale value of $10,000. Bob's Pizza uses straight-line depreciation, borrows money at 7 percent and has a 34 percent tax rate. What is the net advantage to leasing? $524 $1, 043 $3, 948 $-2, 289 $-2, 943