Please also verify this is correct to lease the machine

Differential Analysis Final Question Amount Descriptio Instructions Claxon Company owns a machine with a cost of $305,000 and accumulated depreciation of $65,000 that can be sold for $262,000, less a 5% sales commission. Alternatively, the machine can be leased by Claxon Company for three years for a total of $272,000, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Claxon Company on the machine would total $21,600 over the three years. Required: 1. Prep a differential an is on January 12 as to whether Claxon Company should lease Alternative 1) or sell (Alternative 2 are the machine. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign. If there is no amount or an amount is zero, enter "0" A colon will automatic appear if required. 2. Should on Company lease Alternative 1) or se (Alternative 2) the machine