b) If the rm capitalized future minimum lease payments under operating leases on Jan. 1, 2012, what would be the anticipated effect on 2012 aftertax income? Assume that the rm does not plan to enter into any new leases in the coming year. Assume that your answer to part (a) was $400 million. Assets currently under operating leases have an average expected remaining economic life of 9 years with salvage value of $40 million. Assume all of the assets under operating leases are depreciable assets. The rm uses straightline depreciation methods for similar assets that it legally owns and has a federal marginal tax rate of 35%. Decreased after-tax income: Dr. 2.056