Following the time sequence described in Table 17.1, what would the present value of cash flows be for leasing this $800,000 asset if the lessee's before tax cost of capital were 15% and the lease payments of the assets were $210,000? The tax rate is 40% and CCA = 30%.Note that the asset is scrapped and alone in its pool at the time of disposition.The asset is scrapped in 4 years.
A)($24,555)
B)$3,456
C)$2,457
D)$1,708

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The Answer of Following the time sequence described in Table 17.1, what would the present value of cash flows be for leasing this $800,000 asset if the lessee's before tax cost of capital were 15% and the lease payments of the assets were $210,000? The tax rate is 40% and CCA = 30%.Note that the asset is scrapped and alone in its pool at the time of disposition.The asset is scrapped in 4 years.
A)($24,555)
B)$3,456
C)$2,457
D)$1,708

Following the Time Sequence Described in Table 17