Top answer: Your firm is considering leasing a new robotic milling control…

  

Your firm is considering leasing a new robotic milling control… Your firm is considering leasing a new robotic milling control system. The lease lasts for 5 years. The lease calls for 6 payments of $300 thousand per year with the first payment occurring at lease inception. The black box would cost $1050 thousand to buy and would be straight-line depreciated to a zero salvage. The actual salvage value is zero. The firm can borrow at 8%, and the corporate tax rate is 34%. All answers are in thousands.What is the after-tax cash flow from leasing in year 0?Multiple Choice-$300-$852-$948-$495        Accounting Business Financial Accounting ACCOUNTING IAF620