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 $$5,200,000$ and would be depreclated straight$-$line to zero over four

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

years. You can lease It for $$1,460,000$ per year for four years. Assume the tax rate is $23$

percent. The borrowing rate is $7$ percent before taxes.

Your company does not expect to pay taxes for the next several years, but the leasing

company will pay taxes. Over what range of lease payments will the lease be profitable

for both parties? $($Enter your answers from lowest to highest. Do not round

Intermedlate calculatlons and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Total payment range