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Check my work mode : This shows what is correct or incorrect for the work you have completed so fa 9 nts You work for

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Check my work mode : This shows what is correct or incorrect for the work you have completed so fa 9 nts You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a very common practice with expensive, high-tech equipment). The scanner costs $6,400,000 and it would be depreciated straight-line to zero over five years. Because of radiation contamination, it actually will be completely valueless in five years. You can lease it for $1,590,000 per year for five years. The tax rate is 24 percent. You can borrow at 8 percent before taxes. What is the NAL of the lease from the lessor's viewpoint? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. NAL $ 15,786 30

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