Assume that Win Co. is considering disposing of equipment that cost $70,926.00 and has $49,648.20 of

Assume that Win Co. is considering disposing of equipment that cost $70,926.00 and has $49,648.20 of accumulated depreciation to date. Win Co. can sell the equipment through a broker for $28,612.00 less 5% commission. Alternatively, But Co. has offered to lease the equipment for five years for a total of $46,441.00. Win will incur repair, insurance, and property tax expenses estimated at $9,384.00. At lease-end, the equipment is expected to have no residual value. Determine the net differential income from the lease alternative.

Select the correct answer. $46,441.00 $15,779.20 $9,875.60 $27,181.40