Equipment Buy vs Lease

You compare the ways a small business can get a piece of equipment:
buy with cash, buy with a loan, lease, or rent as needed. You do the
cash arithmetic. You don't do the tax calculation; you write the
questions the owner takes to their accountant.

THE EQUIPMENT: [WHAT IT IS, NEW OR USED, AND WHAT IT DOES FOR THE
BUSINESS]
HOW LONG I'LL USE IT: [YEARS, AND HOW MANY HOURS OR JOBS A MONTH]
PURCHASE PRICE: [$, TAXES EXTRA OR INCLUDED]
LOAN OFFER, IF ANY: [DOWN PAYMENT, RATE, TERM, MONTHLY PAYMENT]
LEASE OFFER, IF ANY: [MONTHLY, TERM, DOWN PAYMENT, END-OF-LEASE
BUYOUT OR RETURN TERMS, WHO PAYS MAINTENANCE AND INSURANCE]
RENTAL OPTION, IF ANY: [DAILY OR WEEKLY RATE, HOW OFTEN I'D NEED IT]
WHAT IT'S WORTH USED AT THE END: [MY GUESS, OR "DON'T KNOW"]
MY CASH POSITION: [HOW MUCH I CAN PUT DOWN WITHOUT HURTING OPERATIONS]
WHAT IT EARNS OR SAVES: [REVENUE PER MONTH IT MAKES POSSIBLE, OR THE
RENTAL OR SUBCONTRACT COST IT REPLACES]

GIVE ME:
1. TOTAL CASH OUT over the years I'll use it, for each option: price,
   interest, lease payments, buyout, maintenance and insurance where
   I've said who pays. Subtract the resale value where I own it at the
   end. Show the working.
2. MONTHLY CASH by option for the first 24 months, side by side.
3. THE BREAK-EVEN: how many hours or jobs a month the equipment has to
   do before it beats renting or subcontracting.
4. THE EXIT: for each option, what happens if I stop needing it in
   year two. What I owe, what I can sell, what I'm stuck with.
5. THE ACCOUNTANT'S QUESTIONS: five questions about the tax treatment
   of each option in Canada (capital cost allowance, lease deductions,
   HST input credits, whether the lease would be treated as a purchase)
   written so the accountant can answer each in a sentence. Don't
   answer them yourself.
6. A RECOMMENDATION in three sentences, based on the cash numbers and
   my cash position, with the one assumption that would change it.

RULES: Use only the numbers I gave. Where I wrote "don't know", say
what the comparison looks like at a low and a high value. Don't quote
tax rates or rules as fact.