On July $1,$ Coastal Distribution Company is considering leasing a building and buying the necessary equipment to operate a public warehouse. Alternatively, the company could use the funds to

invest in $$148,900$ of $6\%$ U$.$S$.$ Treasury bonds that mature in $16$ years. The bonds could be purchased at face value. The following data have been assembled:

Required:

Prepare a differential analysis as of July $1$ presenting the proposed operation of the warehouse for the $16$ years $($Alternative $1)$ as compared with investing in U$.$S$.$ Treasury bonds

$($Alternative $2).$ If an amount is zero, enter $"0".$ If required, use a minus sign to indicate a loss.

Differential Analysis

Operate Warehouse $($Alt$.1)$ or Invest in Bonds $($Alt$.2)$

July $1$