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Lease or Sitil Builwinkie Company owns equipment with a cost of $362,400 and accumulated depreciation...

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Accounting

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Lease or Sitil Builwinkie Company owns equipment with a cost of $362,400 and accumulated depreciation of $52,000 that can be sold for $275,900, less a 5 . 5 sales cainmis5ion: Atematively, Bullwinkie Company can lease the equipment for three years for a total of $286,000, at the end of which there is no fesidual value. th addition, the regair, insurance, and property tax expense that would be incurred by Bullwinkle Company on the equipment would total $16,900 over the three year lease. 3. Prepare a differeritial arkatysis on August 7 as to whether Bullwinkie Company shovid lease (Aiternative 1) or sell (Alternative 2) the equipment. If required, use a minus sign to indicate a loss

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