Differential Analysis for a Lease or Sell Decision Print fem Burlington Construction Company is considering selling excess machinery with a book value of $278,300 (original cost of $398,700 less accumulated depreciation of $120,400) for $277,400, less a 5% brokerage commission. Alternatively, the machinery can be leased for a total of $283,100 for five years, after which it is expected to have no residual value. During the period of the lease, Burlington Construction Company's costs of repairs, insurance, and property tax expenses are expected to be $24,800. a. Prepare a differential analysis dated January 15 to determine whether Burlington Construction Company should lease (Alternative 1) or sell (Alternative 2) the machinery. If required, use a minus sign to indicate a loss. Differential Analysis Lease (Alt. 1) or Sell (Alt. 2) Machinery January 15 Revenues Costs Profit (Loss) Lease Machinery Sell Machinery Differential Effects (Alternative 1) (Alternative 2) (Alternative 2) 277,400 278,300 X Feedback Check My Work