Neighborhood Savings Bank is considering leasing $100000 worth of computer equ

Neighborhood Savings Bank is considering leasing $100000 worth of computer equipment. A 4 year lease would require
payments in advance of $22000 per year. The bank does not currently pay income taxes and does not expect to have to pay income taxes
in the foreseeable future. If the bank purchased the computer equipment it would depreciate the equipment on a straight-line basis
down to an estimated salvage value of $20000 at the end of the 4th year. The banks cost of secured
debt is 14% and its cost of capital is 20%. Calculate the net advantage to leasing.