Lease or Sell Decision Sure-Bilt Industries is considering selling excess machinery with a book value of $277,000 (original cost of $398,500 less accumulated depreciation of $121,500) for $276,500 less a 6% brokerage commission. Alternatively, the machinery can be leased for a total of $286,700 for five years, after which it is expected to have no residual value. During the period of the lease, Sure-Bilt Industries' costs of repairs, insurance, and property tax expenses are expected to be $25,200. a. Prepare a differential analysis report for the lease or sell decision. SURE-BILT 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