Lease or Sell Casper Company owns equipment with a cost of $363,100 and accumulated depreciation of $53,500 that can be sold for $277,400, less a 3% sales commission. Alternatively, Casper Company can lease the equipment for 3 years for a total of $287,000, 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 $15,700 over the 3-year lease. Question Content Area a. Prepare a differential analysis on October 29 as to whether Casper Company should lease (Alternative 1) or sell (Alternative 2) the equipment. If required, use a minus sign to indicate a loss. Differential Analysis