You work for a nuclear research laboratory that is contemplating leasing a diagnostic

scanner $($leasing is a common practice with expensive, high$-$tech equipment$).$ The

scanner costs $$4,800,000$ and would be depreclated straight$-$line to zero over three

years. Because of radiation contamination, it will actually be completely valueless in

three years. You can lease it for $$1,760,000$ per year for three years.

Assume a $24$ percent tax bracket. You can borrow at $6$ percent before taxes. What is the

NAL of the lease from the lessor's viewpoint? $($A negatlve answer should be Indlcated

by a minus sign. Do not round intermedlate calculations and round your answer to $2$

decimal places, e$.$g$.,32\mathrm{.}16.)$

NAL