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Need help with this question. Keating Co. is considering disposing of equipment that cost $64,000 and has $44,800 of accumulated depreciation to date. Keating Co.

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Keating Co. is considering disposing of equipment that cost $64,000 and has $44,800 of accumulated depreciation to date. Keating Co. can sell the equipment through a broker for $33,000 less a 10% commission. Alternatively, Gunner Co. has offered to lease the equipment for five years for a total of $50,000. Keating will incur repair, insurance, and property tax expenses estimated at $10,000 over the five-year period. At lease-end, the equipment is expected to have no residual value. The net differential profit or loss from the sell alternative is a Oa. $7,210 loss Ob. $12,360 profit Oc. $15,450 profit Od. $10,300 loss

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