Sale & Leaseback

I don't believe that you have given me full information here! From what you have given me I can't arrive at $8,075,000 Is there no explanation in the Kaplan answer?

That's good to know! One thing still intrigues me though, although I don't expect you to be able to answer it ... 'wrong' answers in mcqs (called 'distractors') are normally figures that you would arrive at if you had made one (or more) mistake(s) in your calculations No matter how hard I try to arrive at $8,075, I can't get there :-(( Not to worry - I'm just glad for you that your calculations were correct OK?