Can you walk me through the calculations.

Exhibit 6
PRIMUS AUTOMATION DIVISION, 2002
Summary Table of the NPV and IRR For Four Tax and Cost-of-Capital Scenarios
Scenario	A	B	C	D
Effective tax rate	34.00%	34.00%	0.00%	0.00%
Pretax cost of debt	9.50%	13.00%	9.50%	13.00%
After-tax cost of debt	6.27%	8.58%	9.50%	13.00%
NPV of loan (borrow and buy)	$469,273	$484,546	$663,800	$671,253
IRR of loan (borrow and buy)	6.27%	8.58%	9.50%	13.00%
Leasing Option #1	$155,040	$155,040	$155,040	$155,040
NPV of leasing option #1	$454,717	$436,915	$651,863	$616,202
IRR of lease	5.32%	5.32%	8.61%	8.61%
Lease advantage over borrowing	$14,556	$47,631	$11,937	$55,051
Leasing Option #2	$160,003	$160,003	$160,003	$160,003
NPV of leasing option #2	$469,273	$450,901	$672,730	$635,927
IRR of lease	6.27%	6.27%	10.17%	10.17%
Lease advantage over borrowing	$0	$33,645	($8,930)	$35,326
Leasing Option #3	$162,350	$162,350	$162,350	$162,350
NPV of leasing option #3	$476,156	$457,515	$682,598	$645,255
IRR of lease	6.72%	6.72%	10.91%	10.91%
Lease advantage over borrowing	($6,883)	$27,031	($18,798)	$25,998
Leasing Option #4	$164,760	$164,760	$164,760	$164,760
NPV of leasing option #4	$483,225	$464,306	$692,730	$654,834
IRR of lease	7.19%	7.19%	11.68%	11.68%
Lease advantage over borrowing	($13,952)	$20,240	($28,930)	$16,419
Faulhaber Gmbh
NPV of loan	$484,376	$501,993	$686,679	$697,207
NPV of lease	$498,593	$479,073	$714,762	$675,660
IRR of lease	7.13%	7.13%	11.42%	11.42%
Lease advantage over borrowing	($14,217)	$22,920	($28,083)	$21,547
Honshu Heavy Industries
NPV of loan	$438,036	$458,436	$624,641	$640,997
NPV of lease	$478,063	$459,346	$685,330	$647,839
IRR of lease	8.64%	8.64%	13.48%	13.48%
Lease advantage over borrowing	($40,027)	($910)	($60,689)	($6,842)