Buffalo Inc. is considering whether to lease or purchase a piece of equipment. The total cost to lease the equipment will be $130,000 over its estimated life, while the total cost to buy the equipment will be $79.000 over its estimated life. At Buffalo's required rate of return (hurdle rate), the net present value of the cost of leasing the equipment is $79,300 and the net present value of the cost of buying the equipment is $73,000. Based on financial factors, Buffalo should Multiple Choice buy the equipment, saving $6,300 over leasing lease the equipment, saving $5,300 over buying buy the equipment, saving $S1000 over leaving lease the equipment saving 551000 over buying