I would like for you to solve each of the four problems using a differential analysis format to determine which of the alternatives should be chosen if profit is the only concern in the decision. Then, I would like for you to write the pros and cons of making the decision in terms of profit only. Does it change your final decision? Differential Analysis 1. Badonsky Manufacturing needs to obtain a gear-cutting machine, which can be purchased for $75,000. Badonsky estimates that repair, maintenance, insurance, and property tax expense will be $20,000 for the machine's five-year life. At the end of the machine's life, it will have no salvage value As an alternative, Badonsky can lease the machine for five years for $18,000 per year. If the machine is leased, Badonsky is required to pay only for routine maintenance on the machine, which is estimated to be $8,000 over the machine's life. All other costs will be paid by the lessor. Prepare a differential analysis to determine whether Badonsky should purchase or lease the machine