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Lease versus Buy 0.0741 ). years. Under the proposed lease terms, the Sadck must pay for insurance, property taxes, and maintenance. Sadik would show the

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Lease versus Buy 0.0741 \). years. Under the proposed lease terms, the Sadck must pay for insurance, property taxes, and maintenance. Sadik would show the cost of purchasing the used equipment at Year 3 and its depreciation expenses starting at Year 3. To assist mblogement in making the proper lease versus-buy decision, you are asked to answer the folowing questions: a. What is the cost of owning? Enter your answer as a positive value. Do not round intermediate calculations. Round your answer to the nearest dollar b. What is the cost of leasing? Enter your answer as a positive value. Do not round intermediate calculations, Round your answer to the nearest doliar. 5 c. What is the net advantage of leasing? Do not round intermediate calculations, Round your answer to the nearest doilar. 5 Should Sadk take the lease? Fxplain. Since the cost of leasing the machinery is than the cost of owning it, the firm should the equipment: calculations. Round your answer to the nearest dallar. s

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