Duhok Inc. has decided to acquire a new machine that can either be purchased for $4,200,000 and depreciated at a 30% CCA rate or leased for a 5-year period for $800,000 per year (due at the beginning of each year). The firm can borrow at 8%, has a 40% marginal tax rate, and 12% WACC. The new machine has an expected useful life of 5 years and an expected salvage value of $1,000,000 at the end of the fifth year. Assume the company has other assets in the same CCA class. Calculate the Net Advantage to Leasing.(If your answer is negative, use a negative (-) sign. Do not use a positive sign (+) for positive results.Omit the $ sign in your response.Do not round intermediate calculations.Round the final answer to 2 decimal places. For example, an answer of -$2.50 should be entered as -2.50, and an answer of $7.50 should be entered as 7.50.)