tax rate is $\backslash (25\backslash \%\backslash ).$ The equipment falls in the MACRS $3-$year class. $($The depreciation rates for Year $1$ through Year $4$ are equal to $\backslash (0\mathrm{.}3333,0\mathrm{.}4445,0\mathrm{.}1481\backslash ),$ and $0\mathrm{.}0741.)$ lease terms, the Sadik must pay for insurance, property taxes, and maintenance. starting at Year $3.$ To assist management in making the proper lease$-$versus$-$buy decision, you are asked to answer the following questions: a$.$ What is the cost of owning? Enter your answer as a positive value. Do not round intermediate calculations. Round your answer to the nearest dollar. $\backslash$$ b$.$ What is the cost of leasing? Enter your answer as a positive value. Do not round intermediate calculations. Round your answer to the nearest dollar. $\backslash$$ c$.$ What is the net advantage of leasing? Do not round intermediate calculations. Round your answer to the nearest dollar. $\backslash$$ Should Sadik take the lease? Explain. Since the cost of leasing the machinery is than the cost of owning it$,$ the firm should the equipment. to the nearest dollar. $\backslash$$