Aa Aa 4. The lessee's lease analysis Hack Wellington Co. (HWC) is considering the purchase of new manufacturing equipment that will cost $30,000 (including shipping and installation HWC can take out a four-year, $30,000 loan to pay for the equipment at an interest rate of 7.20%. The loan and purchase agreements will also contain the following provisions The annual maintenance expense for the equipment is expected to be $300. The equipment has a four-year depreciable life. The Modified Accelerated Cost Recovery System's (MACRS) depreciation rates for a three-year asset are 33.33%, 44.45%, 14.81%, and 7,41%, respectively. The corporate tax rate for HWC is 45%. Note: Hack Wellington Co. (HWC) is allowed to take a year depreciation tax-saving deduction in the first year. Based on the preceding information, complete the following tables: Value Annual loan payment will be Annual tax savings from maintenance will be: Year 1 Year 2 Year 3 Year 4 Tax savings from depreciation Net cash flow