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Differential Analysis for a least or Sell Decision Granite Construction Company is considering seling excess...

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Accounting

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Differential Analysis for a least or Sell Decision Granite Construction Company is considering seling excess machinery with a book value of $279,800 (original cost of $398, 100 less accumulated depreciation of $118,300) for $276,700, less a $% brokerage commission. Alternatively, the machinery can be leased for a total of $286,700 for five years, after which it is expected to have no residual value. During the period of the lease, Granite Construction Company's costs of repairs, Insurance, and property tax expenses are expected to be $24.900 a. Prepare a differential analysh, dated November 7 to determine whether Granite should lease (Alternative 1) or sell (Alternative 2) the machinery ) Differential Analysis Lease Machinery (Alt. 1) or Sell Machinery (Alt. 2) November Lease Machinery (Alternative 1) Sell Machinery (Alternative 2) Differential effect on Income (Alternative 2) Revenues QUO Costs bai Income (Loss)

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