Question: 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

 You work for a nuclear research laboratory that is contemplating leasing

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 $3,000,000, 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 $750,000 per year for four years. Assume that your company does not anticipate paying taxes for the next several years. You can borrow at 9 percent before taxes, What Is the NAL of this lease? (Do not round your intermediate calculations) $418,924.406 $570,210.09 $541,699.59 $598,720.6 $750,000

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