Granite Construction Company is considering seling excess machinery with a book value of 5328,100 (original cost of 8449.200 dess accumulated depreciation of $121,100) for $222,800, tess a 6% brokerage commission. Alternatively, the machinery can be leased for a total of $217,860 for five years, after which it is expected to have no residual value. During the period of the tease, Granite Construction Company's costs of repairs, Insurance, and property tax expenses are expected to be $16,708. Required: a. Prepare a diferential analysis, dated November 7 to determine whether Granite should lease (Alternative 1) or sell (Alternative 2) the machinery. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign b. On the basis of the data presented, would it be advisable to lose or sell the machinery? Explain Amount Descriptions Costs Income (loss) Revenues a. Prepare a differential analysis, dlated November 7 to determine whether Granite should lease (Alternativo 1) or soll (Alternative 2) the machinery. Refer to the Amount Descripti provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers uso a minus sign Differential Analysis Lease (Alternative 1) or Sell (Alternative 2) Machinery November 7 Differential Effect Lease Machinery Sell Machinery on Income (Alternative 1) (Alternative 23 (Alternative 1 4 S b. On the basis of the data presented, would it be advisable to lease or sell the machinery? Explain. Lease the machinery Sell the machinery The net_gain from selling is $