Your company must obtain some laser measurement devices for the next six years and is considering leasing. You have been directed to perform an actual dollar after-tax study of the leasing approach. The pertinent information for the study is as follows:

Lease costs: First year,

$75 comma 00075,000;

second year,

$57 comma 50057,500;

third through sixth years,

$47 comma 50047,500

per year. Assume that a six-year contract has been offered by the lessor that fixes these costs over the six-year period. Other costs (not covered under contract):

$4 comma 0004,000

in year-zero dollars, and estimated to increase

1010%

each year. Effective income tax rate:

4040%.

Your company must obtain some laser measurement devices for the next six years and is considering leasing. You have been directed to perform an actual dollar after-tax study of the leasing approach. The pertinent information for the study is as follows: Lease costs: First year, S75,000; second year, $57,500; third through sixth years, $47,500 per year. Assume that a six-year contract has been offered by the lessor that fixes these costs over the six-year period Other costs (not covered under contract): $4,000 in year-zero dollars and estimated to increase 10% each year Effective income tax rate: 40% a. Develop the actual-dollar ATCF for the leasing alternative. Fill in the table below. (Round to the nearest dollar.) Year ATCF