Randal Corporation is trying to decide whether to lease or purchase a plece of equipment needed for the next 5 years. The cquipment would cost $185,000 to purchase, and maintenance costs would be $95,000 per yea. Affer 5 years. Randail estimates it could sell the equipment for $115,000 if Randall leases the equipment, it would poy $115,000 each yeac, which would include all maintenance costs. it Randail's cost of capitar is 12 E. Randail should: (Future Value of \$1. Present Value of \$1. Euture Value Annuity of \$1. Present Volue Annulfy of \$1) Note: Use the appropriate factor from the PV tables. Mutiole Cholce Wore the equigment, as the net peesent value of the cont is about 345.000 iest. buy the equipenent, as the het present value of the cost in about 31 s. 000 less Wase the equibment, as the net present value of the cont is about 543,000 leis. buy the equigment, as the net pretent value of the cout is about $48.000 less