Cost of leasing: Suburban Clinic comparative present value

not-for-profit cost of leasing: year 0, year 1, year 2, year 3, year 4, year 5

Net cash flow: (11,000) (11,000) (11,000) (11,0000 (11,000) (11,000)

present- value factor (at 6%)

Present-value answer =

Present- value cost of leasing =