Beaufort Company owns equipment with a cost of $367,100 and accumulated depreciation of $53,000 that can be sold for $276,300, less a 5% sales commission. Alternatively, Beaufort Company can lease the equipment for three years for a total of $286,200, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Beaufort Company on the equipment would total $16,300 over the three year lease. Based on differential analysis, should Beaufort Company lease (Alt. 1) or sell (Alt. 2) the equipment? A) lease B) sell