do the question yourself. Caputo Arborists needs a rough terrain mobile slew crane for trimming and removing large trees. It can buy a second-hand crane that meets its requirements for $450,000, or it can lease a similar machine for 5 years, with annual lease payments paid in advance. The crane can be depreciated straight-line at 10% per year, for tax purposes, and its salvage value after 5 years is expected to be $200,000. If Caputo purchases the crane, it will have to pay annual maintenance and operating costs of $50,000. However, maintenance and operating costs will be covered by the lessor, if Caputo leases the crane. What is the breakeven lease for the crane, if Caputo's tax rate is 25% and its cost of debt is 10.0% p.a.? (Enter your answer as a number expressed dollars, rounded to the nearest unit. So, if you think the breakeven lease is $12,345.67, you should enter 12,346 as your answer.)