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Lease cash flows Given the lease payment and term shown in the following table, determine the yearly after-tax cash outflow for the firm, assuming that

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Lease cash flows Given the lease payment and term shown in the following table, determine the yearly after-tax cash outflow for the firm, assuming that the lease payment is made at the end of each year and that the firm is in the 20% tax bracket. Assume that no purchase option exists. Annual lease payment Term of lease $30,000 26 years The yearly after-tax cash outflow for the firm is $. (Round to the nearest dollar) Enter your answer in the answer box. MacBook Air

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