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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, hightech equipment

You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a very common practice with expensive, hightech equipment). The scanner costs $7.8 million, and it
qualifies for a 30% CCA rate. Because of radiation pollution, it will be valueless in four years. You can lease it for $2.22 million per year for four years. You can borrow at 10% pre-tax. Assume that the asset pool
remains open, and the lease payments are made at the beginning of each year:
Assume that your company does not contemplate paying taxes for the next several years. Calculate the NAL. (Enter the answer in dollars and not in millions of dollars. Do not round intermediate calculations.
Round the final answer to 2 decimal places. Omit $ sign in your response. if your answer is $123,456.78, then enter 123456.78. If it is -$123,456.78, then enter -123456.78)
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