carmichael cleaners needs a new steam finishing machine that costs $100,000. the company is evaluating whether it should lease or purchase the machine. the firm could lease the equipment for 3 years for a lease payment of $29,000 per year, payable at the beginning of each year. the lease would include maintenance. the firm is in the 20% tax bracket, and it could obtain a 3-year simple interest loan, interest payable at the end of the year, to purchase the equipment at a before-tax cost of 10%. borrowing and buying the steam finishing machine would result in total net cash flows of $2,400. $3,734. $1.510, and $79,556 in year 0, year 1, year 2, and year 3 respectively. leasing the machine would result in a net cost of leasing of $23,200 in year 0, year 1, and year 2. what is the net advantage to leasing? a. -$69,600 b. $5,734 c. $17,600 d. -$70,306