Problem 1 - Lease or sell Felix Company owns equipment with a cost of $365,500 and accumulated depreciation of $54,900 that can be sold for $277,100, less a 3% sales commission. Alternatively, Felix Company can lease the equipment for three years for a total of $286,300, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Felix Company on the equipment would total $15,300 over the three year lease. A. Prepare a differential analysis on February 18, as to whether Felix Company should lease (Alternative 1) or sell (Alternative 2) the equipment. B. Should Felix Company lease (Alternative 1) or sell (Alternative 2) the equipment? Problem 2 - Discontinue a segment Product AG52 has revenues of $194,900, variable cost of goods sold of $113,100, variable selling expenses of $32,600, and fixed costs of $61,600, creating a loss from operations of $12,400. A. Prepare a differential analysis as of October 7 to determine if Product AG52 should be continued (Alternative 1) or discontinued (Alternative 2), assuming fixed costs are unaffected by the decision. If an amount is zero, enter "0". Use a minus sign to indicate a loss. B. Determine if Product AG52 should be continued (Alternative 1) or discontinued (Alternative 2)