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Clark Company is considering leasing or disposing of (selling) equipment. The original cost of the equipment is $200,000 and the accumulated depreciation is $120,000. The

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Clark Company is considering leasing or disposing of (selling) equipment. The original cost of the equipment is $200,000 and the accumulated depreciation is $120,000. The company could lease the equipment for $160,000 less $35,000 in repairs, taxes, etc. The company could sell the equipment for $100,000 less a 6% sales commission. If a differential analysis report was prepared, which of the following statements would be true? The differential revenue from the lease would be $60,000. The differential cost of the sale of the equipment would be $29,000. The net differential loss of the lease would be $31,000. The net differential income from the sale of the equipment would be $31,000

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