Jim's Panel Shop (JPS) is evaluating if it should lease a new polisher which costs $1040,000 and is expected to last five years. The lease has five annual payments of $59,000 paid in advance. The lease has a residual value of $72,000. JPS expect to be able to sell the polisher at the end of year 5 for $41,000. The tax department will allow the machine to be depreciated over 18 years. The corporate tax rate is 30%. In a lease verse buy evaluation what would be the net amount of the leasing cash flow at the end of the 5^th year?