4. Reasons for leasing Aa Aa A successful lease agreement is created so that both the lessee and lessor reap some benefits. Tax and depreciation write-offs are some critical reasons for leasing, but there are several other qualitative reasons for leasing. Below are two situations in which a firm must decide whether to lease or to buy a particular asset. Based on your understanding of the advantages to leasing from a qualitative perspective, what is the firm likely to do in each situation-lease or buy? Assume all other quantitative factors remain constant. Company #1: Win Jet Corp. is a private-jet charter company. Due to increased demand during the summer, it needs to add three more jets to its fleet. Win Jet is more likely to Company #2: Pearlene runs a vintage-furniture manufacturing company. Considering the current demand of the business, she needs at least five heavy vehicles to transport raw materials from her selected sources and to deliver custom-built vintage furniture to her customers. She is, however, skeptical of whether the business will continue to flourish the same way in the future. She should the heavy vehicles