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Lease or SellBullwinkle Company owns equipment with a cost of $ 3 6 3 , 7 0 0 and accumulated depreciation of $ 5 3
Lease or SellBullwinkle Company owns equipment with a cost of $ and accumulated depreciation of $ that can be sold for $ less a sales commission. Alternatively, Bullwinkle Company can lease the equipment for three years for a total of $ at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Bullwinkle Company on the equipment would total $ over the three year lease.Question Content Areaa.Prepare adifferential analysison August as to whether Bullwinkle Company should lease Alternative or sell Alternative the equipment. If required, use a minus sign to indicate a loss.
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