Suppose Corox can lease a new computer data processing system for $ 75,000 per year or five years. Alternatively it can purchase the system for S4.35 million. Clorox has a borrowing cost o 6% and a tax rate of 35%. Assume that the system will be obsolete at the end o ve years, and hat the tax deductibility benefit the lease payments occurs a the me the ease a ments are made. a. If Clorox will depreciate (for tax purposes) the computer equipment on a straight-line basis over the next five years and if the lease qualifies as a true tax lease, is it better to finance the purchase of the equipment or to lease it? b. Suppose that if Clorox buys the equipment, it will use accelerated depreciation for tax purposes. Specifically, the CCA rate will be 45%. Assume that the fabricator has no residual value at the end of the five years and you can use the PV(CCATS) formula. Compare leasing with purchase in this case. a. Choose the comect answer below (Round to the nearest dollar.) O A. Lease the equipment because the NPV of the lease minus buy is $ B. Finance the purchase of the equipment because the NPV of the lease minus buy is b. Choose the correct answer below. (Round to the nearest dollar.) A. Finance the purchase of he equipment because the NPV of the lease minus buy is OB. Lease the equipment because the NPV of the lease minus buy is