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Motfett industries is considering new equipment. The equipment can be purchased from an overseas supplier for $3,160. The freight and installation casts for the equipment

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Motfett industries is considering new equipment. The equipment can be purchased from an overseas supplier for $3,160. The freight and installation casts for the equipment are $610. If purchased, annual repairs and maintenance are estimated to be $390 per year over the 4 -year useful life of the equipment. Alternatively, Moifletr Industries can lease the equipment from a domestic supplier for $1,560 per year for 4 years, with no additional costs. a. Prepare a differential analysis dated February 12 to determine whether Moffett Industries should lease (Alternotive 1) or purchase (Alternative 2) the equipment. (finf: This is a "lease or buy" dechsion, which must be analyzed from the perspective of the equipment usser, as opposed to the equiprnent owner.) If an amount is rero, enter. "0

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