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Lease or Sell Decision Sure-Bilt Industries is considering selling excess machinery with a book value of $279,900 (original cost of $400,300 less accumulated depreciation of

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Lease or Sell Decision Sure-Bilt Industries is considering selling excess machinery with a book value of $279,900 (original cost of $400,300 less accumulated depreciation of $120,400) for $274,100 less a 6% brokerage commission. Alternatively, the machinery can be leased for a total of $285,700 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 $24,800 or the perilod of the leas,u 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: Revenue from lease Proceeds from sale Differential revenue from lease Differential cost of alternatives: Repairs, insurance, and property tax expenses from lease v Commission on sale Differential cost of lease v Net differential gain from lease altemative

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