Foster Inc. Is trying to decide whether to lease or purchase a plece of equipment needed for the next ten years. The equipment would cost $45,000 to purchase, and maintenance costs would be $5,400 per year After ten years, Foster estimates It could sell the equlpment for $26,000. Itf Foster leases the equipment, t would pay $16,000 each year, which would Include all maintenance costs. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annulity of $1.) If the hurdle rate for Foster s 11%, Foster should Round your PV factors to 4 decimal places. Do not round intermediate calculations. Round your final answer to the nearest hundred.) O buy the equipment, as net present value of cost is about $26.600 less. O buy the equipment, as net present value of cost is about $45.000 less. O lease the equipment, as net present value of cost is about $22,900 less. O lease the equipment, as net present value of cost is about $26.600 less