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Kincaid Company owns equipment with a cost of $362,800 and accumulated depreciation of $52,800 that can be sold for $278,000, less a 5% sales commission.

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Kincaid Company owns equipment with a cost of $362,800 and accumulated depreciation of $52,800 that can be sold for $278,000, less a 5% sales commission. Alternatively, Kincaid Company can lease the equipment for three years for a total o $286,500, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Kincaid Company on the equipment would total $16,400 over the three year lease. a. Prepare a differential analysis on August 7 as to whether Kincaid Company should lease (Alternative 1) or sell (Alternative 2) the equipment. If required, use a minus sign to indicate a loss. Differential Analysis Lease Equipment (Alt, 1) or Sell Equipment (Alt, 2) Discontinue a Segment Product Tango has revenue of $193,100, variable cost of goods sold of $115,700, variable selling expenses of $31,700, and fixed costs of $60,200, creating an operating loss of $(14,500). a. Prepare a differential analysis as of February 13 to determine if Product Tango should be continued (Alternative 1 ) or discontinued (Alternative 2), assuming fixed costs are unaffected by the decision. If an amount is zero, enter "0". If required, use a minus sign to indicate a loss

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