Your company needs some research
equipment
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Your company needs some
research equipment which belongs to Class 10 (CCA Rate 30%). The cost of the
equipment is $850,000. You can borrow at 12% and the tax rate is 34%. You can
lease the equipment for $270,000 a year for four years. It has no salvage value.
What is the net advantage to leasing? The correct answer should be -$8,352, I
need details how to solved this, please?
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