Foster Inc. is trying to decide whether to lease or purchase a piece of equipment needed for the next ten years. The equipment would cost $45000 to purchase, and maintenance costs would be $5000 per year. After ten years, Foster estimates it could sell the equipment for $20000. If Foster leases the equipment, it would pay $12000 each year, which would include all maintenance costs. If the hurdle rate for Foster is 10%, Foster should:

A) buy the equipment, as net present value of cost is about $45000 less

B) lease the equipment, as net present value of cost is about $2000 less

C) lease the equipment, as net present value of cost is about $5700 less

D) buy the equipment, as net present value of cost is about $5700 less