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 $6,200,000 and would be depreciated straight-line to zero over six years. Because of radiation contamination, it will actually be completely valueless in six years. You can lease it for $1,320,000 per year for six years.

Assume a 23 percent tax bracket. You can borrow at 8 percent before taxes. What is the NAL of the lease from the lessor's viewpoint? <--- I especially need help with this part. :)