Your company wants to purchase a new network file server for its wide-area computer network. The server costs $24,000. Your options are to borrow the money at 10% or lease the machine. If you lease it, the payments will be $9,000 per year, payable at the beginning of each year. If you buy the server, you can apply a CCA rate of 30% per year. The tax rate is 40%. Suppose the server had a projected salvage value of $1,000 after 3 years and the firm has a WACC of 6%. Assuming the asset pool remains open, calculate the NAL. (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) NAL $ Should you lease or buy? Buy Lease An asset costs $692,000. The CCA rate for this asset is 31%. The asset's useful life is two years after which it will be worth $58,500. The corporate tax rate on ordinary income is 41%. The interest rate on risk-free cash flows is 10%. Assume payments are made at the end of the year. a. What set of lease payments will make the lessee and the lessor equally well off, assuming payments are made at the end of the year? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) Before tax payment b. Show the general condition that will make the value of a lease to the lessor the negative of the value to the lessee. Tlessor = T>Lessee Tlessor Lessee Tlessor > T>Lessee C-1. Assume that the lessee pays no taxes. What would the lease payment have to be for lessee to be indifferent to the lease? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) Indifference lease payment $ c-2. Assume that the lessor is in the 41% tax bracket. What would the lease payment have to be for lessor to be indifferent to the lease? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) Indifference lease payment $