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Casper Company owns equipment with a cost of $365,200 and accumulated depreciation of $55,600 that...

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Accounting

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image Casper Company owns equipment with a cost of $365,200 and accumulated depreciation of $55,600 that can be sold for $273,200, less a 4% sales commission. Alternatively, Casper Company can lease the equipment for 3 years for a total of $287,800, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Casper Company on the equipment would total $16,200 over the 3-year lease. a. Prepare a differential analysis on October 29 as to whether Casper Company should lease (Alternative 1) or sell (Alternative 2 ) the equipment. If required, use a minus sign to indicate a loss. b. Should Casper Company lease (Alternative 1) or sell (Alternative 2) the equipment

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