Lease or Sell Timberlake Company owns equipment with a cost of $165,000 and accumulated depreciation of $60,000 that can be sold for $82,000 less a 6% sales commission. Alternatively, Timberlake Company can lease the equipment to another company for five years for a total of $84,600, at the end of which there is no residual value. In addition, the repair, insurance, and property tax expense that would be incurred by Timberlake Company on the equipment would total $7,950 over the five years. Prepare a differential analysis on March 23 as to whether Timberlake Company should lease (Alternative 1) or sell (Alternative 2) the equipment. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Differential Analysis Lease Equipment (Alt. 1) or Sell Equipment (Alt. 2) March 23 Lease Equipment (Alternative 1) Sell Equipment (Alternative 2) Differential Effect on Income (Alternative 2) Revenues $fill in the blank 952b4008705005d_1 $fill in the blank 952b4008705005d_2 $fill in the blank 952b4008705005d_3 Costs fill in the blank 952b4008705005d_4 fill in the blank 952b4008705005d_5 fill in the blank 952b4008705005d_6 Income (Loss) $fill in the blank 952b4008705005d_7 $fill in the blank 952b4008705005d_8 $fill in the blank 952b4008705005d_9 Should Timberlake Company lease (Alternative 1) or sell (Alternative 2) the equipment