Lease or Sell Kincaid Company owns a equipment with a cost of $366,400 and accumulated depreciation of $53,900 that can be sold for $274,400, less a 3% sales commission. Alternatively, Kincaid Company can lease the equipment to another company for three years for a total of 284,900, at the end of which there is no residual value. In addition, the repair insurance, and property tax expense that would be incurred by Kincaid Company on the equipment would total $15,400 over the three years Prepare a differential analysis on March 23 as to whether Kincaid Company should tase (Altemative 1) or set (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 Equipment Sell Equipment (Alternative 1) (Alternative 2) Differential Effect on Income (Alternative 2) Revenues Costs Income (Loss) Should Kincaid Company lease (Alternative 1) or sell (Alternative 2) the equipment