Kincaid Company owns equipment with a cost of $364,100 and accumulated depreciation of $55,300 that can be sold for $273,400; less a 3% sales commission, Alternatively, Kincaid Company can lease the equipment for three years for a total of $285,400, 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 $16,900 over the three year lease. a. Prepare a differential analysis on August 7 as to whether Kincaid Company should lease (Aiternative 1) or sell (Aiternative 2) the equipment. If required, use a minus sign to indicate a loss: Differential Analysis Lease Equipment (Alt. 1) or Sell Equipment (AIt, 2) Aunust 7 b. Should Kincaid Company lease (Alternative 1) or sell (Alternative 2) the equipment