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Keating Co. is consibering disposing of equipment that cost $59,000 and has $41,300 of accumulated depreciation to date. Keating Ce can e-ll the equpenent throigh

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Keating Co. is consibering disposing of equipment that cost $59,000 and has $41,300 of accumulated depreciation to date. Keating Ce can e-ll the equpenent throigh a brobey for $35,000 less a 9% commission. Alternatively, Gunner Co. has alfered to lrase the equipment for five years for a total of $45,000. Kesting will incuir-ripare, insurance, and property tax expenses rstimated at $12,000 over the five year period, At lease end, the equipment is expected to have no residual value. The net differential profit or foss from the tell altemative is a a. snoston b. \$1.15010at c. 31.725 proait d. \$1.300 pron

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