You work for o nuclear research laboratory that is contemplating lessing o disgnostic

sconner $($leosing is a common proctice with expensive, high$-$tech equipment$).$ The

sconner costs $$5,600,000$ and would be depreciated straight$-$line to zero over four

years. Becouse of rodiation contamination, it will sctuolly be completely volueless in four

years. You con lease it for $$1,650,000$ per year for four years. Assume the tox rote is $22$

percent.

Suppose the entire $$5,600,000$ purchsse price of the sconner is borrowed. The rate on

the losn is $8$ percent ond the loon will be repsid in equal instollments.

Calculate the amount of the onnusl loon repoyment. $($Do not round Intermedlate

calculations and round your answer to $2$ decimal places, e$.$g$.,3216.)$

Payment

Complete the schedules given below and calculate the NAL. $($A negatlve answer should

be Indicated by a minus slgn$.$ Leave no cells blank $-$ be certaln to enter $"0"$ wherever

required. Do not round Intermediate calculations and round your answers to $2$

declmal places, e$.$g$.,32\mathrm{.}16.)$