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Assume that Win Co. is considering disposing of equipment that cost $78,894.00 and has $55,225.80 of accumulated depreciation to date. Win Co. can sell the

Assume that Win Co. is considering disposing of equipment that cost $78,894.00 and has $55,225.80 of accumulated depreciation to date. Win Co. can sell the equipment through a broker for $26,483.00 less 5% commission. Alternatively, But Co. has offered to lease the equipment for five years for a total of $49,505.00. Win will incur repair, insurance, and property tax expenses estimated at $8,181.00. At lease-end, the equipment is expected to have no residual value. Determine the net differential income from the lease alternative. please show work

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