A. prepare a differential analysis dated december 3 to determine whether sloan should lease (alternative 1) or purchase (alternative 2) the equipment. refer to the lists of labels and amount descriptions 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 automatically appear if required. hint: this is a “lease or buy” decision, which must be analyzed from the perspective of the equipment user, as opposed to the equipment owner. score: 80/107 differential analysis lease (alternative 1) or buy (alternative 2) equipment december 3 1 lease equipment buy equipment differential effect on income 2 (alternative 1) (alternative 2) (alternative 2) 3 revenues ✔ $0.00 ✔ $0.00 ✔ $0.00 ✔ 4 costs: ✔ 5 purchase price ✔ 0.00 ✔ 3,745.00 3,745.00 6 freight and installation ✔ 0.00 ✔ 474.00 474.00 7 repair and maintenance (4 years) ✔ 0.00 ✔ 1,628.00 1,628.00 8 lease (4 years) ✔ 6,804.00 0.00 ✔ 6,804.00 9 income (loss) ✔ $6,804.00 $5,847.00 $957.00