Kiara leased equipment worth $35,000 for 7 years. If the cost of borrowing is 7.51% compounded quarterly, calculate the size of the lease payment that is required to be made at the beginning of each quarter.

Kiara leased equipment worth $35,000 for 7 years. If the cost of borrowing is 7.51% compounded quarterly, calculate the size of the lease payment that is required to be made at the beginning of each quarter. Round to the nearest cent