Fikara wants to acquire a machine on 1st April, 2022. If he purchases the same, it will cost Rs. 60 lakhs, have the expected useful life of 5 years and scrap value will be Rs.10,000. The company could either purchase the machinery with its own fund or borrowed funds. If the machine is purchased through borrowed funds, rate of interest will be 11.5% per annum and the loan will be repayable at the end of 5 years. If machine is acquired through lease, lease rent would be 16 lakh per annum. Profit before depreciation and tax is expected to be 4.50 crore every year. Depreciation is charged @ 15% on written down value. Besides, additional depreciation is available in the first year. Investment allowance is, however, not available. Average rate of tax may be taken at 32.445%.

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Give very detailed explanation regarding leasing , own funds , loan funds etc and also give comments in overall structure.