A company desires to replace its current plant equipment with new equipment th

A company desires to replace its current plant equipment with new equipment that costs $10000000. One possibility would be for the company to issue
$10000000 of bonds and use the proceeds to purchase the equipment. Another possibility would be for the company to raise $10000000 by issuing common stock.
And a third possibility is to acquire the use of the equipment by signing a long-term capital lease with a leasing company. Describe and compare the financial
statement effects along with the relative advantages and disadvantages of these alternatives. Which approach would you choose and why?