Two firms, Cruella Inc. and Morticia Corporation, are considering the installation of an automated sun-blocking system in their respective headquarters. The system costs $10,000,000, and both firms would depreciate on a straight-line basis to a zero salvage value over an expected 5 -year life. The expected salvage value on the system is $500,000 at the end of year 5 . It is the policy of each firm to discount salvage values at their respected WACCs. If the firms purchase the system, the annual maintenance expenses are expected to be $125,000. Alternatively, the system can be leased for $2,650,000 due at the beginning of each year, and the lessor would be responsible for maintenance costs. Although the two firms have similar sun-blocking needs, their financial conditions differ significantly. Cruella has had difficulties recently, and therefore has a 0% effective tax rate, an annual cost of borrowing of 16%, and a WACC of 19.5%. Morticia is highly profitable, and therefore has a marginal tax rate of 40%, an annual cost of borrowing of 12%, and a WACC of 15%. Compute the NAL for each firm. Cruella $143,493; Morticia $(59,383) Cruella \$143,493; Morticia $(56,427) Cruella $138,930; Morticia $(57,384) Cruella $138,930; Morticia $(58,472)