b) If the rm capitalized future minimum lease payments under operating leases on Jan. 1, 2012, what would be the anticipated effect on 2012 after-tax 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 firm uses straight-line depreciation methods for similar assets that it legally owns and has a federal marginal tax rate of 35%