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. Assume that the tax rate is 35 percent. You can borrow at 8 percent before taxes.

Calculate the NAL. (Do not round intermediate calculations andround your finalanswer to 2 decimal places. (e.g., 32.16))

NAL

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