Q5. Solid builders Itd. are planning to procure a mobile mixing machine that costs Rs.9 lakh. It has an expected life of 6 years with no salvage value at the end. A leasing company has offered a lease for the machine at the rentals of Rs.2.50 lakhs annually payable in arrears. The company also has the option of getting a term loan at 13% for 6 years. The firm pays income tax at 40%. Evaluate the desirability of lease with depreciation on SLM basis and equated annual repayment of loan.(