You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a very common practice with expensive, high-tech equipment). The scanner costs $4,000,000 and it would be depreciated straight-line to zero over 4 years. Because of radiation contamination, it will actually be completely valueless in 4 years. You can lease it for $1,400,000 per year for 4 years. Assume the tax rate is 31 percent. You can borrow at 10 percent before taxes. What would the lease payment have to be for both lessor and lessee to be indifferent about the lease? Multiple Choice $1,258,32995 $1,379,54089 $1,258,329.95 $1,379,540.89 $868,247.67 $1,195,413,45 $1,321,246,45