The Wildcat Oil Company is trying to decide whether to lease or buy a new computer$-$assisted drilling system for its oil exploration business. Management has already determined that acquisition of the system has a positive NPV$.$ The system costs $$9\mathrm{.}72$ million and qualifies for a $25\%$ CCA rate. The equipment will have a $$991,000$ salvage value in $5$ years. Wildcat$$s tax rate is $36\%,$ and the firm can borrow at $9\mathrm{.}0\%.$ Southtown Leasing Company has offered to lease the drilling equipment to Wildcat for payments of $$2\mathrm{.}47$ million per year. Southtown$$s policy is to require its lessees to make payments at the start of the year.

What is the NAL for Wildcat?

Maximum lease payment?