$(1$Lease$)$ Company ABC need to use a machine for $5$ years and have the following two options:

a$.$ Lease it for $$10,000$ per year payable in the beginning of each year

b$.$ Purchase it at $$40,000$ right now.

It is given that the marginal tax rate for this company is $35\%$ and the CCA rate of depreciation is $30\%.$ In this question, there are no maintenance fees nor salvage value. Compute the Lease cash flow:

$\backslash$table$[[0,1,2,3,4,5]]$

Save cost of the new equip

Lost CCA tax shield

Lease payment

Lease payment tax shield

Cash Flow of the lease

UCC

CCA rate $=30\%$

CCA tax shield

Can you please

Show steps and explain thank you