Plymouth Company owns equipment with a cost of $550,000 and accumulated depreciation of $375,000 that can be sold for $270,000, less a 4% sales commission. Alternatively, Plymouth Company can lease the equipment for four years for a total of $370,000, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Plymouth Company on the equipment would total $41,000 over the four-year lease. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below