Foster Incorporated is trying to decide whether to lease or purchase a plece of equipment needed for the next 10 years. The equipment would cost $48,000 to purchase, and maintenance costs would be $5,200 per year. After 10 years, Foster estimates it could sell the equipment for $27,000. If Foster leases the equipment, it would pay $17,000 each year, which would include all maintenance costs. If Foster's cost of capital is 11\%, Foster should: (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1 ) Note: Use the appropriate factors from the PV tables. Multiple Choice lease the equipment, as the net present value of the cost is about $27,300 less. buy the equipment, as the net present value of the cost is about $31,000 less. lease the equipment, as the net present value of the cost is about $31,000 less. buy the equipment, as the net present value of the cost is about $48,000 less