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Show Instructions Question 19 4 pts 19. Assume that Vivid Co. is considering disposing of equipment that cost $350,000 and has $280,000 of accumulated depreciation

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Show Instructions Question 19 4 pts 19. Assume that Vivid Co. is considering disposing of equipment that cost $350,000 and has $280,000 of accumulated depreciation to date. Vivid Co. can sell the equipment through a broker for $135,000 less 5% commission. Alternatively, Comet Co. has offered to lease the equipment for five years for a total of $235,000. Vivid will incur repair, insurance, and property tax expenses estimated at $60,000. At lease end, the equipment is expected to have no residual value. The net differential income from the lease alternative is: $135,000 $46,750 $100,000 $235,000

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