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Input area: Purchase price 3,600,000 Year 1 depreciation 0.3333 Year 2 depreciation 0.4445 Year 3 depreciation 0.1481 Year 4 depreciation 0.0741 Salvage value 440,000 Lease

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Input area: Purchase price 3,600,000 Year 1 depreciation 0.3333 Year 2 depreciation 0.4445 Year 3 depreciation 0.1481 Year 4 depreciation 0.0741 Salvage value 440,000 Lease payment 935,000 Security deposit $ 210,000 Cost of debt 11% Tax rate 35% Alternative lease: Lease payments 1,650,000 Year 2 salvage value 1,440,000

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