ex 11.02 answer and steps

$630. If purchased, annual repairs and maintenance are estimated to be $430 per year over the four equipment from a domestic supplier for $1,560 per year for four years, with no additional costs. Prepare a differential analysis dated March 15 to determine whether Laredo Corporation should lease (Alternative 1) or purchase (Alternative 2) the equipment. (Hint: This is a "lease or buy" decision, which must be analyzed from the perspective of the equipment user, as opposed to the equipment owner.) If an amount is zero, enter "0". Determine whether Laredo should lease (Alternative 1) or buy (Alternative 2) the equipment