Kelso Corporation is considering leasing a new equipment. The lease lasts for 8 years. The lease calls for 8 payments of $208,000 per year with the first payment occurring immediately. The equipment would cost $1,400,000 to buy and would be straight-line depreciated to a zero salvage value over 8 years. The actual salvage value is negligible because of technological obsolescence. The firm can borrow at a rate of 5%. The corporate tax rate is 38%. What is the after-tax cash flow from leasing relative to the after-tax cash flow from purchasing in year 6? -$192,580 -$193,300 -$194,020 -$194,740 -$195,460