Insight Inc. is considering leasing an equipment. The equipment costs $4,000,000 and it would be depreciated straight-line to zero over 4 years. It will be worthless in 4 years. Lease payment is $1,400,000 per year for 4 years. Assume the tax rate is 33 percent. The company borrow at 8 percent before taxes. What is the net advantage to leasing (NAL) for the company? $481,864.42$199,776.83$458,918.49$435,972.57$458,918.49 Insight Inc. is considering leasing an equipment. The equipment costs $4,000,000 and it would be depreciated straight-line to zero over 4 years. It will be worthless in 4 years. Lease payment is $1,400,000 per year for 4 years. Assume the tax rate is 33 percent. The company borrow at 8 percent before taxes. What is the net advantage to leasing (NAL) for the company? $481,864.42$199,776.83$458,918.49$435,972.57$458,918.49