Differential Analysis for a Lease-or-buy Decision Motfett Industries is considering new equipment. The equipment can be purchased from an overseas supplier for $3,280. The freight and installation costs for the equipment are $660. If purchased, anmual repairs and maintenance are estimated to be $400 per year over the 4 year useful life of the equipment. Alternatively, Moffett Industries can lease the equipment from a domestic supplier for $1,440 per yoar for 4 years, with no additional conts. a. Prepare a differential analysis dated February 12 to determine whether Moffett Industries should lease (Alternative 1) or purchase (Alternative 2) the equipment. (Hint: This is a "lease or boy" decision, which must be analyzed from the perspective of the equipment usar, as opposed to the equipmeat ownec.) if an amount is zero, enter " 0