You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner. The

scanner costs $$2,600,000$ and it qualifies for a $33$ percent CCA rate. Because of radiation

contamination, it is valueless after $4$ years. You can lease it for $$580,000$ per year for $4$ years.

Assume the tax rate is $25$ percent and that you can borrow at $10$ percent. What is the NAL $$ given

the assumptions, should you lease or buy? What would the lease payment have to be for both the

lessor and lessee to be indifferent about the lease agreement? Assume, hypothetically, that your

company does not expect to pay taxes for the next several years $-$ what is the net advantage of

leasing? Lastly, what type of lease would this arrangement best be described as $$ justify your

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