The ABC corporation is considering opening an office in a new market area that would allow it to increase its annual sales by $$2\mathrm{.}5$ million. The cost of good sold is estimated to be $40\%$ of sales and corporate overhead would increase by $$301,500$Not including the cost of either requiring or leasing office space the corporation will have to invest $$2\mathrm{.}5$ million in office furniture, office equipment and other upfront cost associated with opening the new office before considering the cost of owning or leasing the office space a small office building could be purchased for soul used by the corporation at a total price of $$4\mathrm{.}8$ million of which $$900,000$ of the purchase price would represent land value and $$3\mathrm{.}9$ million would represent building value the cost of the building would be depreciated over $39$ yearsThe corporation is in a $21\%$ tax bracket and investor is willing to purchase the same building and lease it to the corporation for $$495,000$ per year for a term of $15$ years with the corporation paying all real estate operating expenses and an absolute net leasean interest rate of $4\mathrm{.}5\%$ with a balloon payment due after $15$ years. What is the return $($ATIRR$)$ from opening the office building under the assumption that it is leased? What is the return $($ATIRR$)$ from opening the office building under the assumption that it is owned what is the return on the anchor cash flow from owning versus leasing?