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Prepare a differential analysis on january

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Reference no: EM131750822

Question - Lease or Sell

Casper Company owns a machine with a cost of $368,000 and accumulated depreciation of $56,500 that can be sold for $276,500, less a 3% sales commission. Alternatively, the machine can be leased by Casper Company for three years for a total of $285,000, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Casper Company on the machine would total $16,900 over the three years.

Prepare a differential analysis on January 12, 2014, as to whether Casper Company should lease (Alternative 1) or sell (Alternative 2) the machine.

Reference no: EM131750822

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