com 6252Fimgmiddleware252Fmheproducts Fisclose Saved Help Save & E Merkon Inc. must choose between purchasing a new asset for $86,000 or leasing the asset for four years for $27500 annual rent. The purchased asset would be 3-year recovery property that Merkon could use for four years, after which the asset would have no salvage value. Assuming a 21 tax rate, an 8% discount rate. and no Section 179 deduction or bonus depreciation, which of the following statements is true? Use Appendix A. Table 7.2 (Round discount factor(s) to 3 decimal places.) Multiple Choice Marko's after tax cost of the purchases $8,517 less than the after tax cost of the base Merkons after tax cout of the inte $374 less than the after tax cost of the purchase Merkons after-tax cost of the purchases $8.517 more than the after tax cost of the late None of these choices are correct com 6252Fimgmiddleware252Fmheproducts Fisclose Saved Help Save & E Merkon Inc. must choose between purchasing a new asset for $86,000 or leasing the asset for four years for $27500 annual rent. The purchased asset would be 3-year recovery property that Merkon could use for four years, after which the asset would have no salvage value. Assuming a 21 tax rate, an 8% discount rate. and no Section 179 deduction or bonus depreciation, which of the following statements is true? Use Appendix A. Table 7.2 (Round discount factor(s) to 3 decimal places.) Multiple Choice Marko's after tax cost of the purchases $8,517 less than the after tax cost of the base Merkons after tax cout of the inte $374 less than the after tax cost of the purchase Merkons after-tax cost of the purchases $8.517 more than the after tax cost of the late None of these choices are correct