XYZ Inc.is considering either leasing or buying some new equipment. The lessor will charge $36, 500 a year for a 2-year lease. The purchase price is $62,000. The equipment has a 2-year life after which time it will be worthless. XYZ uses straight-line depreciation, borrows money at 8 percent, and has sufficient tax loss carryovers to offset any taxes which otherwise might be owed for the next 4 years. What is the net advantage to leasing? A. -$5, 593 B. -$3, 089 C. $2, 343 D. $1, 406 E. $1, 457 XYZ Inc.is considering either leasing or buying some new equipment. The lessor will charge $36, 500 a year for a 2-year lease. The purchase price is $62,000. The equipment has a 2-year life after which time it will be worthless. XYZ uses straight-line depreciation, borrows money at 8 percent, and has sufficient tax loss carryovers to offset any taxes which otherwise might be owed for the next 4 years. What is the net advantage to leasing? A. -$5, 593 B. -$3, 089 C. $2, 343 D. $1, 406 E. $1, 457