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Bullwinkle Company owns equipment with a cost of $365,300 and accumulated depreciation of $54,800 that...

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Bullwinkle Company owns equipment with a cost of $365,300 and accumulated depreciation of $54,800 that can be sold for $274,200, less a 5% sales commission. Aitematively, Bullwinkle Company can lease the equipment for three years for a total of $285,200, at the end of which there is no residial value, In addition, the repaif, Insurance, and property tax expense that would be incurred by Bullwinkle Company on the equipment would total 515,300 over the three year lease. a. Prepare a differential analysis on February 18, as to whether Buliwinkle Company should lease (Alternative 1) or sell (Aternative 2) the equipenent

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