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Toccos Company ans equlpment. with a cost of $550,000 and accumulated depreciation of $360,000 that can be sold for $300,000, less a 3% Atematively, Toccoa
Toccos Company ans equlpment. with a cost of $550,000 and accumulated depreciation of $360,000 that can be sold for $300,000, less a 3% Atematively, Toccoa Compeny can lesse the equipment for four years for a total of 5350,000 , at the end of ahich therm is no residual value. Ln additon, the repair. insurance, and property tax expense that would be incurred by Toccoa Contpany on the equipment would total sos, 000 over the four-year leaic. This information has been collected in the Microsert Excel Online fle Open the spreadsheet. perform the required analyils, and ingut your answers in the questions belon Open spreadnest Prepare a differentui andisis on October 29 as to whether tocco C Company shoud lease (Alernative 1) or ael (Aliemative 2 ) the equipment. Use a ininus sign to indicate conts or negotive differential effect on income. Differential Analysis Snouid Toccoe Company leave (Alternative 1) or seit (A)ternative 2) the equipinent
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