Your firm will either purchase or lease a new fabricator. If purchased, the fabricator will cost

$$704,000$ and be depreciated for tax purposes on a straight$-$line basis over five years. The fabricator

has no residual value at the end of the five years Your firm can also lease the fabricator for five

years $($payments are made at the start of the year$).$ The firm can borrow at $15\%$ pre$-$tax.

If the firm$$s corporate tax rate is $40\%,$ what would the before$-$tax lease payment have to be to

make your firm indifferent between leasing and buying the fabricator? the answesr is c show me how to get it

A$)$ $$190,632$

B$)$ $$207,788$

C$)$ $$180,684$

D$)$ $$175,199$

E$)$ None of the above.