Question 20 (1 point) A firm is considering the purchase of a new equipment costing $6,541,435 which qualifies for a 36% CCA rate. This equipment has a 4-year life after which it will be worthless. The firm can lease it for $1,988,380 per year for its useful life. Assume that the firm makes payments at the end of the year, the asset pool remains open, the tax rate is 38%, and the pre-tax cost of borrowing is 9.70%. What would the lease payment have to be for both the lessor and lessee to be indifferent to the lease? $1,873,991 $1,926,047 $1,978,102 $2,030,157 $2,082,213 Question 20 (1 point) A firm is considering the purchase of a new equipment costing $6,541,435 which qualifies for a 36% CCA rate. This equipment has a 4-year life after which it will be worthless. The firm can lease it for $1,988,380 per year for its useful life. Assume that the firm makes payments at the end of the year, the asset pool remains open, the tax rate is 38%, and the pre-tax cost of borrowing is 9.70%. What would the lease payment have to be for both the lessor and lessee to be indifferent to the lease? $1,873,991 $1,926,047 $1,978,102 $2,030,157 $2,082,213