dunbar corporation can purchase an asset for $27,000; the asset will be worthless after 13 years. alternatively, it could lease the asset for 13 years with an annual lease payment of $2,474 paid at the end of each year. the firm’s cost of debt is 5%. the irs classifies the lease as a non-tax-oriented lease. what is the net advantage to leasing? enter your answer as a positive value. do not round intermediate calculations. round your answer to the nearest cent.
