Question 50 4 pts A lease has a term of 5 years with annual payments...
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Question 50 4 pts A lease has a term of 5 years with annual payments of $5,400. The asset would cost $40,000 to buy and would be depreciated straightline to a zero salvage value over 5 years. If the firm has a tax rate of 21 percent, what is the incremental cash flow in Year 5 of leasing rather than purchasing? O -$7,250 O $5,946 O $6,946 -$4,198
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