Keating Co. is considering disposing of equipment that cost $51,000 and has $35,700 of accumulated...
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Keating Co is considering disposing of equipment that cost $ and has $ of accumulated depreciation to date. Keating Co can sell the equipment through a broker for $ less a commission. Alternatively, Gunner Co has offered to lease the equipment for five years for a total of $ Keating will incur repair, insurance, and property tax expenses estimated at $ over the fiveyear period. At leaseend, the equipment is expected to have no residual value. The net differential profit or loss from the sell alternative is a a $ profit b $ loss c $ profit d $ loss 
Keating Co is considering disposing of equipment that cost $ and has $ of accumulated depreciation to date. Keating Co can sell the equipment through a broker for $ less a commission. Alternatively, Gunner Co has offered to lease the equipment for five years for a total of $ Keating will incur repair, insurance, and property tax expenses estimated at $ over the fiveyear period. At leaseend, the equipment is expected to have no residual value. The net differential profit or loss from the sell alternative is a
a $ profit
b $ loss
c $ profit
d $ loss
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