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Stowe Construction Company is considering selling excess machinery with a book value of $277,900 (oniginal cost of $399,600 less accumulated depreciation of $121,700) for $275,800,

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Stowe Construction Company is considering selling excess machinery with a book value of $277,900 (oniginal cost of $399,600 less accumulated depreciation of $121,700) for $275,800, less a 5% brokerage commission. Alternatively, the machinery can be leased for a total of $284,200 for 5 years, after which it is expected to have no residual value. During the period of the lease, Stowe Construction Company's costs of repairs, insurance, and property tax expenses are expected to be $25,900. a. Prepare a diffecential analysis dated March 21 to determine whether Stowe Construction Company should lease (Alternative 1 ) or sell (Atternative 2 ) the machinery. 11 required, use a minus sign to indicate a loss. b. On the basis of the data presented, would it be advisabie to lease or sell the machinery

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