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Crane, Inc. manufactures machinery used in the mining industry. On January $2,2025,$ it leased equipment with a cost of

$$360000$ to Swifty Co$.$ The $5-$year lease calls for a $10\%$ down payment and equal annual payments at the end of each

year. The equipment has an expected useful life of $5$ years. If the selling price of the equipment is $$660000,$ and the rate

implicit in the lease is $9\%,$ what are the equal annual payments?

$$152713$

$$140104$

$$169681$

$$160719$