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Assume that Win Co. is considering disposing of equipment that cost $74, 582.00 and has $52, 207.40 of accumulated depreciation to date. Win Co. can

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Assume that Win Co. is considering disposing of equipment that cost $74, 582.00 and has $52, 207.40 of accumulated depreciation to date. Win Co. can sell the equipment through a broker for $30, 681.00 less 5% commission. Alternatively, But Co. has offered to lease the equipment for five years for a total of $48, 245.00. Win will incur repair, insurance, and property tax expenses estimated at $9, 671.00. At lease -end, the equipment is expected to have no residual value. Determine the net differential income from the lease alternative. Select the correct answer. $29, 146.95 $48, 245.00 $9, 427.05 $16, 199.40

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