Sam's Electronics is considering leasing or purchasing new equipment for its production facility. The equipment costs $200,000 to purchase outright, or Sam's Electronics can lease it for $50,000 annually for five years. If the cost of capital is 10%, calculate the net present value (NPV) of both options and advise Sam on whether to lease or buy the equipment.

Calculate the NPV of leasing and purchasing options and provide a recommendation to Sam's Electronics.