Lease or Sell Casper Company owns equipment with a cost of $367,200 and accumulated depreciation of $54,000 that can be sold for $275,100, less * *% sales commission Alternatively, Casper Company can lease the equipment for three years for a total of $287,500, at the end of which there is no residual value. In addition, the repair, Insurance, and property tax expense that would be incurred by Casper Company on the equipment would total $15,800 over the three year lease. a. Prepare a differential analysis on August 7 as to whether Casper Company should lense (Alternative 1) or sell (Alternative 2) the equipment. It 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 Equipment Equipment Effects (Alternative 1) (Alternative 2) (Alternative 2) Revenues Costs Profit (Loss) b. Should Casper Company lease (Alternative 1) or sell (Alternative 2) the equipment