Can someone please help with these I'm really confused

10 is not 18490

11 is not 12226

12 is not 8500

13 is not 5911

mpletion Status You are the financial advisor to Mr. Agirich who has been having his 400 acres custom harvested at a cost of $22.00 per acre. However, he has been informed that the price is going up to $27.00 next year. Moreover, he is considering the acquisition of his own machine, either through leasing or cash purchase. If he shifts from custom harvesting to operating the machine himself, he will need to hire one extra man for 14 days each year at $75.00 per day. Moreover, he estimates that operating costs, including fuel, lubrication, repair, insurance, etc. will be $8.00 per acre. The cost of machine purchase is $50,000. The economic life of the machine is projected to be seven years, with no salvage value. He plans to borrow 80% of the purchase price (20% down payment) using a loan that is fully amortized at 10% over three years (annual payments) He can also obtain control of this machine through a financial lease for $9,600 per year for 7 years, due at the beginning of each year. He will assume responsibility for repair, insurance, and operation ur purchased the machine. Assume that the tax deduction due to the lease can be taken at the beginning of the year nder this financial lease just as though he He projects his tax rate on marginal income to be 15% He uses 5-year straight-line depreciation on the farm nnachinery he owns. He has other investment opportunities that promise to pay 10% Assume that the inflation rate is 09 PROBLEM Assuming all three methods of control (custom hire, leasing, or purchase) are otherwise satisfactory to him, which would be the best investment? e and Submit to save and submit. Click Save All Answers to save all answers