Questions Problem 19-01 (Cost of Leasing) Question 1 of 2 1. O Check My Work (3 remaining) 2. O FO eBook Cost of Leasing Bird Wing Bedding can lease an asset for 4 years with payments of $25,000 due at the beginning of the year. The firm can borrow at a 9% rate and pays a 25% federal-plus-state tax rate. The lease qualifies as a tax-oriented lease. What is the cost of leasing? Do not round intermediate calculations. Round your answer to the nearest dollar. $