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Casper Company owns equipment with a cost of $365,500 and accumulated depreciation of $52,500 that can be sold for $275,200, less a 5% sales commission.
Casper Company owns equipment with a cost of $365,500 and accumulated depreciation of $52,500 that can be sold for $275,200, less a 5% sales commission. Alternatively, Cas equipment for three years for a total of $285,500, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurre equipment would total $15,400 over the three year lease. a. Prepare a differential analysis on August 7 as to whether Casper Company should lease (Alternative 1) or sell (Alternative 2) the equipment. If required, use a minus sign to indi Differential Analysis Lease Equipment (Alt. 1) or Sell Equipment (Alt. 2) Auaust 7 b. Should Casper Company lease (Alternative 1) or sell (Alternative 2) the equipment
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