Honolulu Inc. is replacing one of its old machines and is conducting a lease or sell differential analysis. Honolulu can lease out the old machine for $175,000. Costs of leasing the machine are Estimated Repair Expense of $23,000, Estimated Insurance Expense of $9,000, and Estimated Property Tax Expense of $3,500. The salvage value of the machinery after the lease will be $0.00. Honolulu can sell the machine for $115,000 minus a commission of 5%. Should Honolulu lease or sell this machine, and why? a.) Honolulu should sell the machine. They would incur a loss of $115,000 by leasing. b.) Honolulu should sell the machine. They would incur a loss of $60,000 by leasing. c.) Honolulu should lease the machine. They would earn an additional profit of $30,250 by leasing. d.) Honolulu should lease the machine. They would earn an additional profit of $29,750 by leasing