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Finch, Inc. has bought a new server and must decide what to do with the old one. The cost of the old server was originally

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Finch, Inc. has bought a new server and must decide what to do with the old one. The cost of the old server was originally $60,000 and has been depreciated $45,000 The company has received two offers. One offer was made to purchase the equipment outright for $18, 500 less a 5% sales commission. The other offer was to lease the equipment for $7,000 for the next five years but the company will be required to provide maintenance and insurance totaling $3,000 per year What offer should Finch, Inc. accept

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