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please show all work thanks 5. Wolf Trucking Co. is considering disposing of a truck (asset). Wolf can sell the truck through a broker for
please show all work thanks 5. Wolf Trucking Co. is considering disposing of a truck (asset). Wolf can sell the truck through a broker for $108,000 less a 7% broker commission. Alternatively, Coyote Corp. has offered to lease the truck for seven years for a total of $105,000. If the truck is leased to Coyote, Wolf will incur maintenance, insurance, and license expenses estimated at $5,200 over the seven-year lease period. At lease-end, the truck is expected to have no residual value. Calculate the increase or decrease in net income for 7 years if the truck is sold instead of leasing it to Coyote
please show all work thanks
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