Witten Entertainment is considering buying a machine that costs $550,000. The machine will be depreciated over five (5) years by the straight-line method and will be worthless at that time. The company can lease the machine with year-end payments of $145,000. The company can issue bonds at an interest rate of 7 percent. The corporate tax rate is 25 percent. What is the NAL of the lease?

a) $82,406

b) -$35,837

c) -$8,652