Keating Co. is considering disposing of equipment that cost $59,000 and has $41,300 of accumulated depreciation to date. Keating Co. can sel the neuipment thiraugh a broker for $25,000 less a 8% commission. Altematively, Gunner Co. has offered to lease the equipment for five years for a total of $46,000. Keating will incur repair. insurance, and property tax expenses estimated at $12,000 over the five-year period. At lease-end, the equipment is expected to have no residual velue. The net differential profit or loss from the sell altemative is a a. 513,200 ptofit b. 516,500 profit c. $7,700 los d. 511,000 lons