Dirterential Analysis for a Lease or Bur Decision Laredo Corporation is considering new equipment. The equipment can be purchased from an overses supplier for $3,120. The freight and instaliation costs for the equipment are \$630. If purchased, annual repairs and maintenance are estimated to be $430 per yeor over the four-year ygefui ife or the equipment. Alternatively, Laredo Corporation can lease the equipment from a domestic supplier for $1,600 per year for four years, with no add tional costs. Prepare a difforentiat anolysis dated March 15 to determine whether Larodo Corporation should lease (Aiternative 1 ) or purchase (Aitemathe 2 ) the equipment. (hint: This is a "lease or buy" decision, which must be analyzed from the perspective of the equipenent user, as opposed to the equipment ouner.) If an amount is zero, enter " 0 ". Feedback Yoeck My Woik: Compare the lease costs for 4 years with the buying costs for 4 years (purchase price, freight and Installation, and mpair and mantenance). Determine the differential effect of the costs by subtracting altemative d from alternatuve. Determine whether Laredo should lease (Alternative 1) or buy (Alternative 2) the equipment