Lease or SellAstro Company owns equipment with a cost of $$363,200$ and

accumulated depreciation of $$55,300$ that can be sold for $$273,100,$

less a $3\%$ sales commission. Alternatively, Astro Company can lease

the equipment for three years for a total of $$287,300,$ at the end

of which there is no residual value. In addition, the repair,

insurance, and property tax expense that would be incurred by Astro

Company on the equipment would total $$15,800$ over the three year

lease.a$.$Prepare a$$differential

analysis$$on August $7$ as to whether Astro Company should lease

$($Alternative $1)$ or sell $($Alternative $2)$ the equipment. If required,

use a minus sign to indicate a loss.$\backslash$