Table $10\mathrm{.}7$ Modified ACRS Depreciation Allowances

You work for a nuclear research laboratory that is contemplat scanner $($leasing is a very common practice with expensive, hi$!$ scanner costs $$6,000,000.$ Because of radiation contamina completely valueless in four years. You can lease it for $$1,76$ years. Assume that the tax rate is $22$ percent. You can borrow a Assume that the scanner will be depreciated as three$-$year prof Table $10\mathrm{.}7.$

a$.$ What is the NAL of the lease? $($A negative answer should $t$ sign. Do not round intermediate calculations and round yo places, e$.$g$.,32\mathrm{.}16.)$

b$.$ Should you lease or buy?

$\backslash$table$[[$Property Class$],[$Year$,$Three$-$Year,Five$-$Year,Seven$-$Year$],[1,33\mathrm{.}33\%,20\mathrm{.}00\%,14\mathrm{.}29\%$