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Differential Analysis for a lease or Sell Decision Granite Construction Company is considering selling excess machinery with a book value of $280,500 (original cost of

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Differential Analysis for a lease or Sell Decision Granite Construction Company is considering selling excess machinery with a book value of $280,500 (original cost of $401,300 less accumulated depreciation of $120,800) for $275,500 lessa 5% brokerage Commission Alternatively, the machinery can be leased for a total of $284,400 for five years, arter which it is expected to have no residual value. During the period of the lease, Granite Construction Company's costs of repairs, Insurance, and property tax experts are expected to be $24,800 the machinery a. Prepare a differential analysis, dated November 7 to determine whether Granite should b e (Alternative 1) or sell (Alternative Differential Analysis Lease Machinery (AR 1) or Sell Machinery (Alt. 2) November 7 Les Machinery (Ahorative 1) Sell Machinery (A ) Dere ffect on Income (Alive) Costs Income (L ) b. On the basis of the data presented, would it be advisable

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