Instructions Amount Descriptions Differential Analysis Final Question Instructions Claxon Company owns a machine with a cost of $301,730 and accumulated depreciation of $65,960 that can be sold for $264,600, less a 6% sales commission. Alternatively, the machine can be leased by Claxon Company for three years for a total of $276,330, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Claxon Company on the machine would total $23,576 over the three years. Required: 1. Prepare a differential analysis on January 12 as to whether Claxon Company should lease (Alternative 1) or sell (Alternative 2) the machine. 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. If there is no amount or an amount is zero, enter "0". A colon () will automatically appear if required. 2. Should Claxon Company lease (Alternative 1) or sell (Alternative 2) the machine? Cla Amount Descriptions ma ex Amount Descriptions Costs Income (loss) Revenues X S e th S el Instructions Amount Descriptions Differential Analysis Instructions Amount Descriptions Differential Analysis Final Question Prepare a differential analysis on January 12 as to whether Claxon Company should lease (Alternative 1) or sell (Alternative 2) the machine. 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. If there is no amount or an amount is zero, enter "0". A colon (3 will automatically appear if required. Differential Analysis Lease (Alternative 1) or Sell (Alternative 2) Machine January 12 Differential Effect Lease Machine Sell Machine on Income (Alternative 1) (Alternative 21 (Alternative 2) Instructions Amount Descriptions Differential Analysis Final Question Instructions Amount Descriptions Differential Analysis Pri Final Question pr Should Claxon Company lease (Alternative 1) or sell (Alternative 2) the machine? or The company is indifferent since the result is the same regardless of which alternative is chosen. O Lease the machine fer to the A use a minus O Sell the machine