Differential Analysis for a Lease-or-buy Decision Moffett Industries is considering new equipment, The equipment can be purchased from an overseas supplier for $3;320. The freight and installation costs for the equipment are \$640. If purchased, annal repairs and maiotenance are estimated to be $430 per year over the 4 -year useful life of the equipment. Atternatively, Moffett Industries can lease the equipment from a domestic supplier for \$1,520 per year for 4 years, wath no additional costs. a. Prepare a differential analysis dated February 12 to determine whether Molfett Industries should lease (Alternatve 1 ) or purchase (Aiternative 2) the equipment. (Hint: This is a "lease or b" decision, which must be analyzed from the perspective of the equipment user, as opposed to the equipment owner.) if an amount is zero, Tcua withon Compare the lease colts for 4 years with the buying costs for 4 years (purchave price, freight and installation, and repair and maintenance), Determine the differtritial effect of the costs by subtracting aterndtive 1 from alternative