I only need requirement B

Company C has a 21 percent marginal tax rate and uses an 8 percent discount fate to compute NPV. The company must decide whether to lease or purchase equipment to use for years 0 through 7 . It could lease the equipment for $21,000 annual rent, or it could purchase the equipment for $100,000. The seller would require no money down and would allow Company C to defer payment until year 4 at 11.5 percent simple interest ( $11,500 interest payable in years 1,2,3, and 4) The equipment would be seven-year MACRS recovery property with no residual value. Use Appendix A and Appendix B. Required: a. Calculate the after-tax cost if Company Cleases the equipment. b. Calculate the after-tax cost if Company C buys the equipment. Use Table 7.2 . c. Should Company Clease or purchase the equipment to minimize the after-tax cost of the use of the property for eight years? Complete this question by entering your answers in the tabs below. Calculate the after-tax cost if Company c buys the equipment. Note: Round intermediate computations and final answerk to the nearest whole dollar amount. Cash outllows and Negative amount should be incicated by a minus sign. Pr Pr TABLE 7.2 MACRS for Business Personalty (Half-Year Convention)