Kaleidescope Entertainment is considering buying a machine that costs $625,000. The machine will be depreciated over five years by the straight-line method and will be worthless after five years. The company can lease the machine with year-end payments of $155,000. The company can issue bonds at an interest rate of 7 percent. The corporate tax rate is 21 percent.

What is the NAL of the lease? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)