it of The ABC company is considering selling excess machinery with a book value of $360,000 (original cost of $500,000 less accumulated depreciation of $140,000) for $300,000 less a 3% brokerage commission. Alternaitively, the machinery can be leased for a total of $340,000 for five years, after which it is expected to have no residual value. During the period of the lease, ABC company's cost of repairs, insurance, and property tax expenses are expected to be $26,000. ABC should sell the equipment because it provides differential revenue of $23,000. Select one: O True O False