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You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a very common practice with expensive, high-tech equipment). The

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You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a very common practice with expensive, high-tech equipment). The scanner costs $6.40 million and it qualifies for a 30% CCA rate. Because of radiation contamination, it is valueless in four years. You can lease it for $1.880 million per year for four years. Assume that the assets pool remains open and payments are made at the end of the year. Assume a 38% tax bracket. You can borrow at 8% pre-tax. What are the cash flows from the lease from the lessor's point of view? (Enter the answer in dollars ond not in millions of dollars. Do not round intermediate colculations. Round the final answer to 2 decimal places. Input the amount as positive value. Omit $ sign in your response.) You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a very common practice with expensive, high-tech equipment). The scanner costs $6.40 million and it qualifies for a 30% CCA rate. Because of radiation contamination, it is valueless in four years. You can lease it for $1.880 million per year for four years. Assume that the assets pool remains open and payments are made at the end of the year. Assume a 38% tax bracket. You can borrow at 8% pre-tax. What are the cash flows from the lease from the lessor's point of view? (Enter the answer in dollars ond not in millions of dollars. Do not round intermediate colculations. Round the final answer to 2 decimal places. Input the amount as positive value. Omit $ sign in your response.)

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