Keating Co. is considering disposing of equipment that cost $61,000 and has $42,700 of accumulated depreciation to date. Keating Co. can sell the equipment through a broker for $28,000 less a 8% commission. Alternatively, Gunner Co. has offered to lease the equipment for five years for a total of $48,000. Keating will incur repair, Insurance, and property tax expenses estimated at $8,000 over the five-year period. At lease-end, the equipment is expected to have no residual value. The net differential profit or loss from the sell alternative is a a $9,968 loss b. $14,240 loss c. $21,360 profit d. $17,088 profit