Keating Co. is considering disposing of equipment that cost $67,000 and has $46,900 of accumulated depreciation to date. Keating Co. can sell the equipment through a broker for $33,000 less a 9% 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 $10,000 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. $5,579 loss b. $9,564 profit c. $7,970 loss d. $11,955 profit