Keating Co$.$ is considering disposing of equipment that cost $$80,000$ and has $$56,000$ of accumulated depreciation to date. Keating Co$.$ can sell the equipment through a broker for $$27,000$ less a $10\%$ commission. Alternatively, Gunner Co$.$ has offered to lease the equipment for five years for a total of $$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$.$ $$15,700$ loss

b$.$ $$23,550$ profit

c$.$ $$18,840$ profit

d$.$ $$10,990$ loss