Your company needs some research equipment which belongs to Class 10 (CCA Rate 30%). The cost of the equipment is $850,000. You can borrow at 12% and...

Your company needs some research equipment which belongs to Class 10 (CCA Rate 30%). The cost of the equipment is $850,000. You can borrow at 12% and the tax rate is 34%. You can lease the equipment for $270,000 a year for four years. It has no salvage value. What is the net advantage to leasing? The correct answer should be -$8,352, I need details how to solved this, please?