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6. Dingo Trucking Co. is considering disposing of a truck (asset). Dingo can sell the truck through a broker for $84,000 less a 5% broke

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6. Dingo Trucking Co. is considering disposing of a truck (asset). Dingo can sell the truck through a broker for $84,000 less a 5% broke commission. Alternatively, Wombat Corp. has offered to lease the truck for seven years for a total of $90,000. If the truck is leased to Wombat Dingo will incur maintenance, insurance and license expenses estimated at $11,000 over the seven-year lease period. At lease-end, the truck is expected to haveno residual value. Calculate the incren se or decrease in net income for 7 years if the truck is leased to Wombat rather than selling it

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