Alibi Ski is considering either leasing or buying a new $24.000 machine. The lease payments would be $8,700 a year for three years. The machine would be depreciated on a straight-line basis over a three-year life and then be resold for $5,500. The firm borrows at 7 percent and has a tax rate of 21 percent What is the net advantage to leasing? Multiple Choice $1,899 $2,084 $1,833 $2,760 $2,809