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Al-Tek is considering leasing some new equipment for 5 years with annual payments. The equipment would...

Al-Tek is considering leasing some new equipment for 5 years with annual payments. The equipment would cost $115,000 to buy and would be depreciated straightline to a zero salvage value. The actual salvage value is zero. The applicable pretax borrowing rate is 8 percent. The lessee does not expect to owe taxes for several years. The lessor's tax rate is 21 percent. What is the minimum lease payment that will be acceptable to both parties? Multiple Choice $28,745.16 $26,709.12 $22,708.67 $27,750.00

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

jeff jeffy answered 10 months ago
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