3 hich is the most profitable divisions based on Residual income? (Spts) Bell Company is considering the disposal of equipmenst that is no longer needed for operations. The equipment originally cost $500,000 and accumulatod depreciation to date totals $360,000. An offer has been reccived to lease the machine for its remaining uscful life for a total of $170,000, after which the equipment will have no salvage value. The repair, insurance, and property tax expenses during the period of the lease are estimated at S3 5,600. Alternatively, the opipment can be sold through a broker for S120.000 less a 10% comMIssion (Chapt. 24) (12pts.) ear om whether the eqpuipment should a)Prepare a differential analb sis report, dated June 15 of the current be leased or sold. (10pts) (b)Why should it be leased or sold? (2pts)