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 decided that it must use the system to stay competitive; it will provide $1.2 million in annual pretax cost savings. The system costs $7.8 million and will be depreciated straight-line to zero over four years. Wildcat's tax rate is 34 percent, and the firm can borrow at 7 percent. Lambert Leasing Company has offered to lease the drilling equipment to Wildcat for payments of $1,600,000 million per year. Lambert's policy is to require its lessees to make payments at the start of the year. Many lessors require a security deposit in the form of a cash payment or other pledged collateral. Suppose Lambert requires Wildcat to pay a $270,000 security deposit at the inception of the lease. What is the NAL with the security deposit? Multiple Choice O $1,359,600.45 O $1,431,158.37 $1,502,716.28 O $1,205,783.80 $1,605,693.40