Lease or Sell Decision Inman Industries is considering selling excess machinery with a book value of282,100 (original cost of 400,100 less accumulated depreciation of $118,000) for $276,000 less a 6% brokerage commission. Alternatively, the machinery can be leased e years, a ter which t is expected to have no residual value. During the period of the lease, Inman Industries' costs of repairs, insurance, and property tax expenses are expected to be $25,100 for a total of $284,700 for fiv a. Prepare a differential analysis report for the lease or sell decision INMAN INDUSTRIES Proposal to Lease or Sell Machinery Differential Analysis Report Differential revenue from alternatives: Revenue from lease Proceeds from sale Differential revenue from lease Differential cost of alternatives: Repairs, insurance, and property tax expenses from lease Commission on sale Differential cost of lease Net differential gain from lease altermative