Moffett Industries is considering new equipment. The equipment can be purchased from an overseas supplier for $3,060. The frelght and installation costs for the equigment are 5640. If purchased, annual repairs and maintenance are estimated to be $420 per year over the 4 year usefil life of the equipment. Aiternatively, Molfett Industries can lease the equipment from a domestic suppller for $1,580 per year for 4 years, with no additional costs. a. Prepare a differential analysis dated February 12 to determine whether Molfett Industries should lease (Aitemabive 1) or purchase (Aternative 2) the equigment. (Hint: This is a "lease or bur' decision, which must be analyzed from the perspective of the equipment user, as opposed to the equipment ownee) if an amount is atro, enter 0 b. Determine whether Moftett should lease (Aternative 1) or buy (Aiternative 2) the equipment