Reynolds Construction (RC) needs a piece of equipment that costs $300. RC can either lease the equipment or borrow $300 from a local bank and buy the equipment. Assume that RC's tax rate is 40% and that the equipment's depreciation would be $120 per year. If the company leased the asset on a 2. year lease, the payment would be $150 at the beginning of each year. If RC borrowed and bought, the bank would charge 10% interest on the loan. In either case, the equipment is worth nothing after 2 years and will be discarded. Should RC lease or buy the equipment? Explain your answer based on the NPV analysis