SpaceXplorer is considering using a specialized high-tech equipment for its space exploration program. It will either lease or buy it, and is now trying to decide what's better. The equipment costs $6,000,000, and it would be depreciated straight-line to zero over 4 years. It will be completely valueless after that time. The firm can lease the equipment for the same number of years for $1,900,000 per year, paid at the end of each year. SpaceXplorer is in 35% tax rate bracket. SpaceXplorer can borrow at 12% annual rate before taxes. 0000 MARS ROVER Answer the following questions: (a) The annual depreciation of the equipment is $ Round to whole dollar. (b) The annual tax savings from depreciation (i.e., the tax shield) is $ Round to whole dollar. (c) The annual after-tax lease payment is $ Round to whole dollar. %. Round to TWO decimal places. Put in %, not (d) The discount rate to be used for the leasing-versus-buying decision is in decimals. Round to whole dollar. If negative, (e) Year 0 SpaceXplorer's incremental cash flow from leasing-rather-than-buying is $ don't forget the minus sign! Round to whole (f) Year 1, 2, final year SpaceXplorer 's incremental annual cash flow from leasing-rather-than-buying is $ dollar. If negative, don't forget the minus sign! Round to whole (g) SpaceXplorer 's net advantage to leasing (i.e., the net present value of leasing rather than buying) is $ dollar. If negative, don't forget the minus sign! These additional questions below don't require any calculations, and are more general: (h) In general, if SpaceXplorer's net present value of leasing rather than buying is positive, then in order for SpaceXplorer to be indifferent between leasing and buying the lease payment would need to go Type UP or DOWN. (type (i) In general, if SpaceXplorer's net present value of leasing rather than buying is positive, then SpaceXplorer should LEASE or BUY) the equipment. (jIn general, if SpaceXplorer's net present value of leasing rather than buying is positive, then the company leasing the equipment to SpaceXplorer should want to sign such lease agreement with SpaceXplorer. This statement is (Type TRUE or FALSE.)