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 $7,700,000, Because of radiation contamination, it will actually be completely valueless in four years. You can lease it for $2,220,000 per year for four years. Assume that the tax rate is 24 percent. You can borrow at 7 percent before taxes. Assume that the scanner will be depreciated as three-year property under the MACRS depreciation. What is the NAL of the lease? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NAL Recovery Period Class 5 Years 7 Years 10 Years Year 3 Years 15 Years 20 Years 2 .3333 .4445 .1481 .0741 3 - am to 00 a .2000 3200 .1920 .1 152 .1 152 .0576 4 5 .1429 .2449 . 1749 .1249 .0893 .0892 .0893 .0446 6 .1000 .1800 ..1440 .1 152 .0922 .0737 .0655 .0655 .0656 .0655 .0328 .03750 .07219 .06677 .06177 .05713 .05285 .04888 .04522 .04462 .04461 .04462 .04461 7 .0500 .0950 .0855 .0770 .0693 .0623 .0590 .0590 .0591 .0590 .0591 .0590 .0591 .0590 .0591 .0295 8 9 10 11 12 13 .04462 14 15 16 17 18 .04461 .04462 .04461 .04462 .04461 .04462 .04461 .02231 19 20 21