Dirferential Analysis for a Lease-or-buy Decision Moffett Industries is considering new equipment. The equipment can be purchased from an overseas suppl purchased, annual repairs and maintenance are estimated to be $430 per year over the 4 -year useful life o a domestic supplier for $1,360 per year for 4 years, with no additional costs. a. Prepare a differential analysis dated February 12 to determine whether Moffett Industries should lease ( A or buy" decision, which must be analyzed from the perspective of the equipment user, as opposed to the eq b. Determine whether Moffett should lease (Alternative 1) or buy (Alternative 2) the equipment. sed from an overseas supplier for $3,020. The freight and installation costs for the equipment are $620. If over the 4-year useful life of the equipment. Alternatively, Moffett Industries can lease the equipment from fett Industries should lease (Alternative 1) or purchase (Alternative 2) the equipment. (Hint: This is a "lease ent user, as opposed to the equipment owner.) If an amount is zero, enter " 0 ". ntial ts ive 2) (e 2) the equipment