Lease cash flows Given the lease payment and term shown in the following table, determine...
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Lease cash flows Given the lease payment and term shown in the following table, determine the yearly after-tax cash outflow for the firm, assuming that the lease payment is made at the end of each year and that the firm is in the 34% tax bracket. Assume that no purchase option exists. Term of lease Annual lease payment $140,000 9 years The yearly after-tax cash outflow for the firm is $ (Round to the nearest dollar.)
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