Calculator Keating Co. is considering disposing of equipment with a cost of $75,000 and accumulated depreciation of $52,500. Keating Co. can sell the equipment through a broker for $32,000, less a 9% broker commission. Alternatively, Gunner Co. has offered to lease the equipment for five years for a total of $47,000. Keating will incur repair, Insurance, and property tax expenses estimated at $11,000 over the five-year period. At lease-end, the equipment is expected to have no residual value. The net differential income from the lease alternative is Oa. $6,880 Ob. $8,256 Oc. $10,320 d. $4,816 Previous Next A A A OLOJO