You are an accountant in Nagoya corp. Your manager told you to purchase computers for equipment. it cost $350,000 and he was considering to buy or lease the equipment. He asked you to calculate the advantages and disadvantage of buying and leasing. Information: The borrowing interest rate is 10%. If he wants to lease the equipment, the leasing company will give him an option to purchase the equipment additional for $6,000 at the end of the lease. Your company tax bracket is at 35% and the equipment will be depreciated over five years by the straight-line method and will have zero salvage value. These are what your boss wants from you: A. Give him the break-down leasing vs purchasing B. Once, you give him the break down, then tell him if he should buy or lease the equipment C. He knows nothing about lease or purchase, so you need to let him know: what are the advantages and disadvantages of leasing and buying