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The following data apply to the next four questions: Super Sonics Entertainments is considering buying a machine that costs $4.5 million. The machine will be

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The following data apply to the next four questions: Super Sonics Entertainments is considering buying a machine that costs $4.5 million. The machine will be depreciated over four years by the straight-line method and will be worthless at that time. The company can lease the machine with year-end payments of $1.35 million per year for four years. Super Sonics is to provide the maintenance expenses of $250,000 per year under either alternative. Assume Super Sonics' tax rate is 35%, and it can issue bonds at an 8% interest rate. 3 33 of 40 Marks What is the NAL associate with leasing the equipment versus borrowing and buying it? O a. $13,074 O b. $12,761 O c. -$11,749 O d. -$14,985 O e. None of the above

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