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On July 1, Matrix Stores Inc. is considering leasing a building and buying the necessary...

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Accounting

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On July 1, Matrix Stores Inc. is considering leasing a building and buying the necessary equipment to operate a public warehouse. Alternatively, the company could use the funds to invest in $152,000 of 6% us. Treasury bonds that mature-n 16 years. The bonds could be purchased at face value. The flow ng data have been assembled: Cost of store equipment Life of store equipment Esti Yearly costs to operate the warehouse, excluding deprecation of equipment $152,000 16 years 18,300 depreciation of store equipment Yearly expected revenues-years 1-8 Yearly expected revenues-years 9-16 69,700

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