Delumont Transpost Company (DTC) is evaluating the merits of leaing verous purchasing a truck with a 4 year life that costs \$.40,000 and falls into the MACles 3 -year: class. If the firm borrows and buys the truck, the loan rate would be 10%, and the loan would be amortized over the truek's 4 year life, so the iaterest expense for tiases would decline over time. The loan payments would be made at the end of each year. The truck will be nsed for 4 years, at the end of which time it with be fold at an eitimated residual value of S10,000. If DrC buys the truck, it would purchase a maintenance coatract that costs 51,000 per year, payable at the end of each yeat. The lease teras, which inclade manintenance, call for a $10,000 lease paymont (4 payments totnl) at the beginaing of eachi year, DTCEs tax rate is 25%. What is the net advantrge to leasing? (Note: Assume MACRS rites for Years 1 to 4 are 0.3383,0.4445,0.15, and 0.07. ) ats. 51,134 b. 11.257 e.51,197. d. 51,035 e, 51,020