Suppose the purchase price of amachine is $200,000, its residual value in four years is certain to be $40,000, and there is no risk that the lessee will default on the lease. Assume that capital markets are perfect and the risk-free interest rate is 6% APR with monthly compounding. The monthly lease payments (due at the beginning of each month) for a four-year lease of the machine are closest to:

		$3,937.92
		$4,405.28
		$4,872.64
		$5,340.00
		$5,807.36