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 $$7\mathrm{.}8$ million, and it qualifies for a $30\%$ CCA rate. Because of radiation pollution, it will be valueless in four years. You

can lease it for $$2\mathrm{.}22$ million per year for four years. You can borrow at $10\%$ pre$-$tax. Assume that the asset pool remains open, and the lease payments

are made at the beginning of each year.

Assume that your company does not contemplate paying taxes for the next several years. Calculate the NAL. $($Enter the answer in dollars and not in

millions of dollars. Do not round intermediate calculations. Round the final answer to $2$ decimal places. Omit $ sign in your response. if your answer is

$$123,456\mathrm{.}78,$ then enter $123456\mathrm{.}78.$ If it is $-$$$123,456\mathrm{.}78,$ then enter $-123456\mathrm{.}78)$

Numeric Response