Lease or Sel Decision sure Bilt ind stries is considering selling mccess machinery with a baak value of S276 gao original cost o $398 DO less accumulated depreciatian of $121 1a0 or $276 30D lass 696 brokerage commission. Alternative y, the machinery can be total of $286,400 for five years, after which it is expected have no residual value. During the period of the lease, Sure-Bilt Industries, costs of repairs, insurance, and property tax expenses are expected to be S25,B00. d or a a. Prepare a differential analysis repart for the Iease ar sell dedsian. SURE BILT INDUSTRIES Proposal to Lease or Sell Machinery Differental revcrua from aternatvcs: Cash x 276 30X Proceeds from sale V 286400 X Commission on sale x 10,100 Cifferental crst af alhernathos: Proceeds from sale x 1657 X Loss from sale x 15,800 X Differential cost of lease 9322 Net differential gain from lease alternative Farcback Check My Work Follow Exhibit 3 in the text. Subtract the leasa coats fram the lease revenues. Subtract the selling casts from the selling revenue. Determine the differential incame or lnas. b. Based on the data presented, which is the most appropriate plan of action? Lease the machinery because the net gain from leasing is $878. Feecback Check My Work b. Consider the differential revenues and costs in your answer Fecdback Check My Work Partialy correct