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How do I find the cost and Income loss? gagenowspmlrlrnltakeAssrgnmentltakeAssrgnmentMam d'o'mvokerSLLakeAssrgnmentSessro.. A $6; to .5. L5 | 'F 'Erl Yo E Show Me How '

How do I find the cost and Income loss?

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gagenowspmlrlrnltakeAssrgnmentltakeAssrgnmentMam d'o'mvokerSLLakeAssrgnmentSessro.. A\" $6; to .5. L5 | 'F 'Erl Yo E Show Me How ' Lease or Sell Felix Company owns. equipment'with a cost of $365,600 and accumulated depreciation of $53,400 that can be sold for $277,700, less a 5% sales commission. Alternatively, Felix Company can lease the equipment for'three years for a total of~$288,400, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Felix Company on the equipment would total $14,900 over the three veer lease. 3. Prepare a differential analysis on February 18, as to. whether Felix Company should lease {Alternative 1) or sell (Alternative 2) the equipment. r Dierential- Analysis Lease (Alt. 1) or Sell (Alt. 2) Equipment Februerv 1\" Differential Effect on Income (Alternative 2) Lease Equipment Sell Equipment = (Alternative 1) {Alternative 2) Revenues _

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