Fran's business has two options: (A) lease a $60,000 machine over a five-year period with an annual lease payment of $14,000; or (B) borrow $60,000 from the bank over the five-year period to buy the asset. The bank would charge an interest rate of 9%. Other financial assumptions include: (c) the company's income tax rate is 30% : (d) the capital cost allowance (CCA) for the equipment is 40%; and (e) the equipment has no residual value. For Option A, determine the following: (1) The annual before-tax annual lease payment. (2 marks) (2) The total before-tax lease payment for the five-year period. (1 mark) (3) The annual after-tax annual lease payment. (1 mark) (4) The total after-tax lease payment for the five-year period. (1 mark) For Option B, determine the following: (5) The annual before-tax loan payment. ( 2 marks) (6) The total before-tax interest charges over the five-year period. (2 marks) (7) The total principal repayment over the five-year period. (1 mark) (8) The total before-tax CCA over the five-year period. (2 marks)