On January 2, 2016, De Santis Company is comparing two alternatives for leasing a machine. Alternative A is a lease that requires 24 quarterly payments of $4,500 with the first payment due on March 31, 2016. Alternative B is a lease that requires five annual payments of $21,450 with the first payment due on December 31, 2016. Calculate the amount for each alternative, then determine which alternative should De Santis choose if the appropriate discount rate is 8% compounded quarterly. Use Excel or a financial calculator for the computations. Round your answer to the nearest dollar. Alternative A: $ Alternative B: $ Which alternative should he choose