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Instructions Eclipse Construction Company s considering seling excess machinery with a book value o $371,800 original cost o $495,700 less accumulated depreciation of $123,900 for
Instructions Eclipse Construction Company s considering seling excess machinery with a book value o $371,800 original cost o $495,700 less accumulated depreciation of $123,900 for $213,000 less a 4% brokerage commission. Alternatively, the machinery can be leased for a total of $207,960 for five years, after which it is expected to have no residual value. During the period of the lease, Edipse Construction Company's costs of repairs, insurance, and property tax expenses are expected to be $11,590 Required: A. Prepare a differential analysis, dated April 16 to determine whether Eclipse 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. If there is no amount or an amount is zero, enter "o". A colon (:) will automatically appear if required. B. B. On the basis of the data presented, would it be advisable to lease or sell the machinery? Explain
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