Omni Enterprises is considering whether to borrow funds and purchase an asset or to lease the asset under an operating lease arrangement. If it purchases the asset, the cost will be $38,000. It can borrow funds for four years at 11 percent interest. The asset will qualify for a 25 percent CCA. Assume a tax rate of 35 percent. The other alternative is to sign two operating leases, one with payments of $10,200 for the first two years and the other with payments of $14,500 for the last two years. The leases would be treated as operating leases. a. Compute the aftertax cost of the lease for the four years. (Negative answers should be indicated by a minus sign. Round the final answers to nearest whole dollar.) Year Aftertax cost $ 0 1 6630 6630 9425 9425 b. Compute the annual payment for the loan. Use Appendix D (Round the final answer to nearest whole dollar.) Annual payment $[ c. Compute the amortization schedule for the loan. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Year Beginning Balance Annual Payments Annual Interest Repayment on Principal Ending Balance $ 1 $