You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner $($leasing is a very common practice with expensive, high$-$tech equipment$).$ The scanner costs $$2,000,000$ and it would be depreciated straight$-$line to zero over $4$ years. Because of radiation contamination, it will actually be completely valueless in $4$ years. You can lease it for $$700,000$ per year for $4$ years. Assume a $33$ percent tax bracket. You can borrow at $10$ percent before taxes. What is the net advantage to leasing $($NAL$)$ from the lessor's viewpoint?

Multiple Choice

$$2,963,6391$