Daterential Analysis tor a Lease-or-buy Decision Moffett Industries is considering new equipment, The equipment can be purchased from an overseas supplier for $550,000. The freight and installation costs for the equipment are $15,000. If purchased, annual fenairs and maintenance are estimated to be $8,000 per year over the 6 -year useful life of the equipment. Alternatively, Moffett Industries can lease the equipment from a domestic supplier for 595,000 per year for 60 years, with no additional costs. a. Prepare a differential analysis dated February 12 to determine whether Motfett industries should lease (Alternative 1) or purchase (Alternative 2) the equipment. (Hint: This is a "lease or buy" decision, which must be analyzed from the perspective af the equipment user, as opposed to the equipment owner.) If an amount is zero, enter "0