Sure-Bit Construction Company is considering selling excess machinery with a book value of $279,800 (original cost of $400;500 less accumulated depreciation of $120,700 ) for $276,800, less a $% brokerege commission. Altemntlvely, the machinery can be leased to another company for a total of $287,000 for five years, after which it is expected to have no residual value. During the period of the lease, Sure-Bilt Construction Company's costs of repairs, insurance, and property tax expenses aro expected to be $26,500. a. Prepare a differential analysis, dated May 25 to determine whether Sure-Bilt should lease (Aiternative 1) or sell (Aiternative 2) the machinery, For those boxes in which you must enter subtracted or negative numbers use a minus sign. Veethose robiurwon Subtract the lease costs from the lease revenues, Subtract the seil machinery costs from the sell machinery revenues, Determine the differential effect on income of the revenues, costs, and income (loss) by subtrocting alternative 1 from alternative 2. b. On the basis of the data presented, would it be advisabie to lease or sell the machinery? Explain. x The net from seling is 1