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1. The machinery falls into the MACRS 3-year class. (The depreciation rates for Year 1 through Year 4 are equal to ( 0.3333,0.4445,0.1481 ), and

image text in transcribed 1. The machinery falls into the MACRS 3-year class. (The depreciation rates for Year 1 through Year 4 are equal to \\( 0.3333,0.4445,0.1481 \\), and 0.0741.) 2. Under either the lease or the purchase, Big Sky must pay for insurance, property taxes, and maintenance. 3. The firm's tax rate is \25. 4. The loan would have an interest rate of \13. It would be nonamortizing, with only interest paid at the end of each year for four years and the principal repaid at Year 4 . 5. The lease terms call for \\( \\$ 410,000 \\) payments at the end of each of the next 4 years. 6. Big Sky Mining has no use for the machine beyond the expiration of the lease, and the machine has an estimated residual value of \\( \\$ 250,000 \\) at the end of the 4 th year. \\( \\$ \\) \\( \\$ \\) c. What is the NAL of the lease? Do not round intermediate calculations. Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest dollar

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