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20 Kohers Inc. is considering a leasing arrangement to finance some manufacturing tools that it needs for the next year. The obsolete and worthless after

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20 Kohers Inc. is considering a leasing arrangement to finance some manufacturing tools that it needs for the next year. The obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a straight line baise et le to borrow $5,000,000, the purchase price, at 10% and buy the tools, or it can make 3 equal end of year ease payments year and lease the tools. The loan obtained from the bank is a 3-year simple interest car with interest aid the firm's tax rate is 40%. Annual maintenance costs associated with ownership are estimated $40.000. arti the lessor if it leases. What is the cost of leasing, in thousands? (Suggestion: Delete 3 tres from dolasand O $-3,528 O $-3,368 O $-3,740 $-3,283 $-3,603 Previous

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