Ex $1.$ Tech Genius Co$.$ has a piece of equipment which they are considering selling. They can sell the equipment now for $$100,000($less $$20,000$ sales commission$)$ or they can lease the equipment out for the next $3$ years for a total of $$175,000.$ If they were to lease the equipment they would be required to make repairs and pay property taxes which they estimate would be approximately $$7,000$ each year. Prepare an analysis to determine if the company should lease or sell the equipment.