Problem 13 Intro Ford wants to replace one of the industrial robots used on their F-150 assembly lines. The new robot would save $180,000 per year through a lower defect rate, before taxes. The robot has an economic life of 10 years and is to be depreciated linearly to zero, with an after-tax residual value (or salvage value) of $640,000. Ford can buy it for $3,200,000 from the manufacturer or lease it for $379,000 per year. The lessor also requires an initial payment of $450,000. Ford's tax rate is 24% and its (before-tax) cost of debt is 10%. Part 1 What is the net advantage to leasing? 0+ decimals Submit Attempt 1/10 for 10 pts.