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Lense or Sell felix Company oans equoment with a cout of $365,100 and accumulated depreciation of $54,700 that can be sold for $273,400, less a

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Lense or Sell felix Company oans equoment with a cout of $365,100 and accumulated depreciation of $54,700 that can be sold for $273,400, less a 5% sales commission, Aiternatively, relix Company can lease the equpenent for three years for a tocal of \$256,100, at the end of which there is no residual value, In addition, the repar, insurance, and property tax expense that would be incurred by felix Company on the equipment would tokal \$15,900 over the three yeor lease. losk. Diflerential Analysis tease fquipenent (Ait, 1) or Sell fquipment (Ait, 2) b. Shaula felor Conbaey lease (Aternyove 1) or sell (Aternative 2) the equipnent

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