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Consider a firm A that wishes to acquire an equipment. The equipment is expected to reduce costs by $$5300$ per year. The equipment costs $$23000$ and has a useful life of $5$ years. If the firm buys the equipment, they will depreciate it straight$-$line to zero over $5$ years and dispose of it for nothing. They can lease it for $5$ years with an annual lease payment of $$7000.$ If the after$-$tax interest rate on secured debt issued by company A is $2\%$ and tax rate is $10\%,$ what is the Net Advantage to Leasing $($NAL$)?($keep two decimal places$)$

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