Lease or Sell Felix Company owns equipment with a cost of $364,400 and accumulated depreciation of $53,200 that can be sold for $276,300, less a 4% sales commission. Altematively, Felix Company can lease the equipment for three years for a total of $287,100, at the end of which there is no residual value. in addition, the repair, insurance, and property tax expense that would be incurred by Felix Company on the equipment would totai $16,200 over the three year lease. a. Prepare a differential analysis on August 7 as to whether Felix Company should lease (Altemative 1) or sell (Alternative 2) the equipment. If required, use a minus sign to indicate a loss. Lease or Sell Felix Company owns equipment with a cost of $364,400 and accumulated depreciation of $53,200 that can be sold for $276,300, less a 4% sales commission. Altematively, Felix Company can lease the equipment for three years for a total of $287,100, at the end of which there is no residual value. in addition, the repair, insurance, and property tax expense that would be incurred by Felix Company on the equipment would totai $16,200 over the three year lease. a. Prepare a differential analysis on August 7 as to whether Felix Company should lease (Altemative 1) or sell (Alternative 2) the equipment. If required, use a minus sign to indicate a loss