Keating Co. is considering disposing of equipment that cost $75,000 and has $52,500 of accumulated depreciation to date. Keating Co. can sell the equipment through a broker for $28,000 less a 6% commission. Alternatively, Gunner Co. has offered to lease the equipment for five years for a total of $50,000. Keating will incur repair, insurance, and property tax expenses estimated at $9,000 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. $17,616 profit b. $10,276 loss c. $14,680 loss d. $22,020 profit