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Dallas Corparation is trying to decide whether to lease or purchase a piece af equipment needed for the next 5 years The equipment wauld tast

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Dallas Corparation is trying to decide whether to lease or purchase a piece af equipment needed for the next 5 years The equipment wauld tast 5 tiogoo to purthawe. and cialat would be $20,000 pste year, Atter 5 years, Dallias estimetes it could sell the equipment for $40,000, if Dallos leased the equipment. approximate annual cost be if Dallos were to lease the equlpment? (Future Yalue of 31 . Present Yalue of \$1. Eutuite Value Annulty. of S1, Rinisent Vahue Annilty. of Sili Note: (Use the appropriote factors from the PV tables.) Multiple Choice $24,000 $30.600 $40100 $38.200

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