Lease or Sell Ferrigno Company owns equipment with a cost of $362,100 and accumulated depreciation of 556,100 that can be sold for $275,700, less a 5% tales commission Alternatively, Ferrigno Company can lease the equipment to another company for three years for a total of 286,400, at the end of which there is no residual value in addition, the repair insurance, and property tax expense that would be incurred by Ferrigno company on the equipment would total $15,300 over the three years. Prepare a differential analysis on March 23 as to whether Ferrigne Company should lease (Alternative 1) or sell (Alternative 2) the equipment. For those boxes in which you must enter subtracted or negative numbers use a minus sign Differential Analysis Lease Equipment (Alt. 1) or Sell Equipment (Alt. 2) March 23 Lease Sell Equipment Equipment (Alternative 1) (Alternative 2) Differential Effect (Alternative 2) Revenues Costs SSS Profit (loss) Should Ferrigno Company lease (Alternative 1) or sell (Alternative 2) the equipment? Sell the equipment