A business has two options regarding financing a $60,000 machine. Run a "Buy- Lease Analysis" using the following information: A) Lease a $60,000 machine over a 5 year period with an annual payment of $14,000. B) Borrow the $60,000 amount from the bank over the 5 year period to buy the asset. The bank would charge a 9% interest rate. Other financial assumptions are: * the company's income tax is 30% *the capital cost allowance for the equipment is 40% * the equipment has no residual value. Based on the available information, which would be the most economically advantageous way to finance the option (buy or lease)? Based on the buy-lease analysis, what was the total after-tax cost of leasing? (rounded to nearest dollar, include $) A Based on the buy-lease analysis, what was the total after-tax cost of borrowing (owning; hint: the cost after the tax shield has been applied)? (rounded to nearest dollar, include $) A/