buster beverage is going negotiating a lease on a new piece of equipment that could cost $100,000 if purchasedThe equipment falls into MARCS-3 year classand it would be used for 3years and then sold because the firm plans to move to a new facility at that time. The estimated value of the equipment after 3years is $30,000. A maintenance contract on the equipment would cost $3,000 per year

payable at the beginning of each year.Alternatively the firm could lease the equipment for 3years for lease payment of $29,000 per year payable at the beginnig of each year .The lease include maintenance. The firm is in 20% tax bracket and it could obtain a 3year simple interest loan interest payable at the end of the year, to purchase the equipmentat a before tax cost of 10%If there is a positive net advantage to leasing the firm will lease the equipmentother wise it will buy it. what is the NAL