Please answer in details and give explanation. Please let the answers be clear. Thank you. An asset costs $$675,000.$ The CCA rate for this asset is $25\%.$ The asset's useful life is two years after which it will be worth $$50,000.$

The corporate tax rate on ordinary income is $35\%.$ The interest rate on risk$-$free cash flows is $10\%.$ Assume payments are made at the

end of the year.

a$.$ What set of lease payments will make the lessee and the lessor equally well off, assuming payments are made at the end of the

year? $($Do not round intermediate calculations. Round the final answer to $2$ decimal places. Omit $"$$$"$ sign in your response.$)$

Before tax payment

$

b$.$ Show the general condition that will make the value of a lease to the lessor the negative of the value to the lessee

TLessor $>$ T $>$ Lessee

$T_{\text{L}\text{e}\text{s}\text{s}\text{o}\text{r}}=T_{?}>$Lessee

TLessor