Lease or Sell Astro Company owns equipment with a cost of $363,700 and accumulated depreciation of $54,300 that can be sold for $273,300, less a 4% sales commission. Alternatively, Astro Company can lease the equipment for three years for a total of $284,300, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Astro Company on the equipment would total $15,300 over the three year lease. a. Prepare a differential analysis on August 7 as to whether Astro 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) August 7 a. Prepare a differential analysis on August 7 as to whether Astro 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) August 7 Lease Sell Differential Lquipment Equipment Fffects (Alternative 1) (Alternative 2) (Alternative 2) Revenues llone Costs Profit (Loss) b. Should Astro Company lease (Alternative 1) or sell (Alternative 2) the equipment? Lease the equipment Sell the equipment Most Searched Lifestyle Items Know more >>> Google Chrome . nbastream.io