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Lease or Sell Decision Inman Industries is considering selling excess machinery with a book value of $282,800 (original cost of $401,100 less accumulated depreciation of

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Lease or Sell Decision Inman Industries is considering selling excess machinery with a book value of $282,800 (original cost of $401,100 less accumulated depreciation of $118,300) for $276,900 less a 6% brokerage commission. Alternatively, the machinery can be leased for a total of $287,300 for five years, after which it 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 $24,900. 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: Differential cost of alternatives: b. Based on the data presented, which is the most appropriate plan of action

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