Two days ago, one of Celeriees Manufacturing Inc.'s major machines stopped working. In order to meet product demands, the company needs a new machine. The company is deciding to either lease or purchase a new machine. The company can lease the machine from Buylt Ltd. under a 4 year contract. The lease cost would be $59,000 per year. On the other hand, Celeriees can purchase a machine from Buylt Ltd. for $399,000. Assume Celeriees has a required rate of return of 11%. Do not enter dollar signs or commas in the input boxes. Use the present value tables found in the textbook appendix. Round your answer to the nearest whole number. Use the NPV method to determine which alternative the company should accept. Lease Cost: $ Purchase Cost: $ 399000 Therefore, Celeriees should