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WWWOW Lease or Sell Kincaid Company owns equipment with a cost of $361,900 and accumulated depreciation of $54,400 that can be sold for 1277,700, common

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WWWOW Lease or Sell Kincaid Company owns equipment with a cost of $361,900 and accumulated depreciation of $54,400 that can be sold for 1277,700, common Alternatively, Kincaid Company can lease the equipment for three years for a total of $234,300, at the end of which there is now in addition, there Insurance, and property tax expense that would be incurred by Kincaid Company on the equipment would total $15.00 over the three year Prepare a differential analysis on February 18, as to whether King Company should tease (Alternative 13 or vell (Alternative 2) the superant Differential Analysis Lease (AIL. 1) or Sell (Alt. 2) Equipment February 18 Lease Equipment Sell Equipment Differential Effect (Alternative 1) on Income (Alternative 23 (Alternative Revenues 214,100 271,700 0.000 Costs 15,800 Income (Loss) Subtract the lease costs from the lease revenues. Subtract the well machine coon the main en termine the net on me the revenues, costs, and income (los) by subtracting alternative from alternative Learning Objective 1. b. Should Kincaid Company lease (Alternative 1) or sell (Alternative the woment? Lease the equipment

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