Differential Analysis for a Lease or Sell Decision

costs of repairs, insurance, and property tax expenses are expected to be $$24,600.$

a$.$ Prepare a differential analysis, dated November $7$ to determine whether Granite should lease $($Alternative $1)$ or sell $($Alternative $2)$ the machinery.

Differential Analysis

Lease Machinery $($Alt$.1)$ or Sell Machinery $($Alt$.2)$

November $7$

b$.$ On the basis of the data presented, would it be advisable to lease or sell the machinery?