Bullwinkle Company owns equipment with a cost of $361,200 and accumulated depreciation of $52,900 that can be sold for $274,800, less a 4% sales commission. Alternatively, Bullwinkle Company can lease the equipment for three years for a total of $284,900, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Bullwinkle Company on the equipment would total $15,500 over the three year lease.

Fallchester E x (1 unread) -x _ Fallchester F X M Inbox - mark x Up Messages X ACCT 2218- x CengageNO X Mail - Young x G Bullwinkle C X + X CD A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Email-school = Introduction to Soci.. am Connect-Biol 1107 : D2L ] MATH MindTap - Cengage.. Hsi child support B Rick Barker's Music. Digital Resources f.. Quesitons for Discu. Chapter 25 homework eBook Show Me How 1. TMM.25.01 ease or Sell Bullwinkle Company owns equipment with a cost of $361,200 and accumulated depreciation of $52,900 that can be sold for $274,800, 2. TMM.25.02 ess a 4% sales commission. Alternatively, Bullwinkle Company can lease the equipment for three years for a total of $284,900, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Bullwinkle 3. TMM.25.03 Company on the equipment would total $15,500 over the three year lease. 4. TMM.25.APP a. Prepare a differential analysis on August 7 as to whether Bullwinkle Company should lease (Alternative 1) or sell (Alternative 2) the equipment. If required, use a minus sign to indicate a loss. 5. BE.25.01.ALGO Differential Analysis 6. BE.25.02.ALGO Lease Equipment (Alt. 1) or Sell Equipment (Alt. 2) August 7 7. BE.25.03.ALGO Lease Sell Differential Equipment Equipment Effects 8. BE.25.05.ALGO (Alternative 1) (Alternative 2) (Alternative 2) Revenues $ $ $ 9. BE.25.06.ALGO Costs 10. BE.25.08 Profit (Loss) $ 11. BE.25.07 Feedback Check My Work Subtract the lease costs from the lease revenues. Subtract the sell equipment costs from the sell equipment revenues. Determine the differential effect on income of the revenues, costs, and income (loss) by subtracting alternative 1 from 0 7:03