Differential Analysis for a Lease-or-buy Deckion Moffett Industries is considering new equipment. The equipment can be purchased from an overseas supplier for $3,240. The freight and installation costs for the equipment are \$620. If purchased, annuat repairs and maintenance are estmated to be $410 per year over the 4-year useful life of the equipment. Aternativel, Moffett Industries can lease the equipment from domestic supplier for $1,600 per year for 4 years, with no additional coats. a. Prepare a differential analysis dated February 12 to determine whether Moffett Industries should lease (Aiternative 1) or purchase (Alternative 2 ) the equlpment. (Hint: This is a *lease or buy" decision, which must be analyzed from the perspective of the equipenent user as opposed to the equipment owner.) if an amount is zero, enter " 0 . b. Determine whether Moffett should lease (Atternative 1) or buy (Alternative 2) the equipment