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ASU Company owns equipment with a cost of $165,000 and accumulated depreciation of $60,000 that can be sold for $82,000 less a 6% sales commission.

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ASU Company owns equipment with a cost of $165,000 and accumulated depreciation of $60,000 that can be sold for $82,000 less a 6% sales commission. Alternatively, ASU can lease the equipment to another company for five years for a total of $84,600. ASU will incur $7,950 cost over five years for repairs, insurance, and taxes associated with the lease. At the end of the lease, the residual value is zero. Using differential analysis, should ASU Company lease or sell the equipment? Lease the equipment for a saving of $7,950. Sell the equipment for a saving $82,000. Lease the equipment for a saving of $84,600. Sell the equipment for a saving of $430

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