Leidos Company has declded to acquire a new equipment at a cost of $740,000. The equipment has an expected life of 6 years and will be depreciated using 5 year MACRS with rates of 20,32,192,1152,1152, and 0576 (note that 5 -year MACRS depreciation actually takes place over 6 years) There is no actual salvage value. Lincoin Financial Services has offered to lease the equipment to Leidos for $148,000 a year for 6 years, with lease payment at the end of each year, Leidos has a cost of equity of 966 percent, a pre-tax cost of debt of 6 percent, and a marginal tax rate of 24 percent, Whar would the NPV of the lease relative to the purchase be? $1,180.92$1,851.71$2,522.50$3,193.29$3,864.08 Kelso Corporation is considering leasing a new equipment. The lease lasts for 8 years. The lease calls for 8 payments of $208,000 per year with the first payment occurring, immediately. The equipment would cost $1,400,000 to buy and would be straight-ine depreciated to a zero salvage value over 8 years. The actual salvage value is negi gible. because of technological obsolescence. The firm can borrow at a rate of 5%. The corporate tax rate is 174 . What is the after-tax cash flow from leasing relative to the after.tax cash flow from purchasing in year 0 ? $1,244,000$1,235,680$1,227,360$1,235,680$1,244,000