help urgent!!?

UTool Inc. is considering a leasing arrangement to finance some manufacturing tools that it needs for the next three years. The tools will be obsolete and will have no salvage value after 3 years. It can borrow $4,800,000, the purchase price, at 10% with interest paid annually and buy the tools, or it can lease the tools by making 3 equal lease payments of $2,100,000 in advance. The firm's tax rate is 40%. If the equipment is owned, the CCA rate is 20%. Annual end of year maintenance costs are estimated at $240,000 before- tax if the equipment is purchased, but this cost would be covered by the lessor if it leases. What is the NAL in 000's? Select one O a. $187 O b. -$112 O c. $96 O d. $200 UTool Inc. is considering a leasing arrangement to finance some manufacturing tools that it needs for the next three years. The tools will be obsolete and will have no salvage value after 3 years. It can borrow $4,800,000, the purchase price, at 10% with interest paid annually and buy the tools, or it can lease the tools by making 3 equal lease payments of $2,100,000 in advance. The firm's tax rate is 40%. If the equipment is owned, the CCA rate is 20%. Annual end of year maintenance costs are estimated at $240,000 before- tax if the equipment is purchased, but this cost would be covered by the lessor if it leases. What is the NAL in 000's? Select one O a. $187 O b. -$112 O c. $96 O d. $200