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please use excel to answer QUESTION 44 Assume Baker Company has equipment with a book value of $50,000. Baker can sell the equipment through a

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QUESTION 44 Assume Baker Company has equipment with a book value of $50,000. Baker can sell the equipment through a broker for 595.000 less a 4% commission fee. Alternatively, the Baker could lease the equipment to another party for 3 years at a price of $100,000. At the end of the three years, the equipment s expected to have no residual value (book value of 50). If the equipment is leased. Baker will incur estimated maintenance and insurance expenses of 512.000 in total for the three years Required: Use a differential analysis to calculate the differential net income Baker can expect between a lease or sell decision. Input answers without dollar signs. For ex. an answer of 510.000 should be input as 10.000. Use parenthesis to indicate negative amounts

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