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 $6,300,000, and it would be depreciated straight-line to zero over four years. Because of radiation contamination, it will actually be completely valueless in four years. You can lease it for $1,875,000 per year for four years.(Ross 897)

Finding the Break-Even Payment[LO3]What would the lease payment have to be for both lessor and lessee to be indifferent about the lease?(Ross 897)