Lessor's damages for nonacceptance, failure to pay or repudiation.

(1) Accrued and unpaid rent as of the date of default if the lessee has never taken possession of the goods, or, if the lessee has taken possession of the goods, as of the date the lessor repossesses the goods or an earlier date on which the lessee makes a tender of the goods to the lessor; (2) The present value, as of the date determined under subdivision (1) of this subsection, of the total rent for the then remaining period of the original lease agreement, minus the present value as of the same date of the market rent at the place where the goods are located computed for the same lease term; and (3) Any incidental or consequential damages allowed under section 42a-2A-706 or 42a-2A-707 , less expenses saved in consequence of the lessee's default. (b) If the measure of damages provided in subsection (a) of this section or section 42a-2A-720 is inadequate under subsection (a) of section 42a-2A-704 , a lessor may recover damages measured by other than the market price or the amount received on a disposition of the goods, together with incidental and consequential damages, including: (1) The present value of lost profits, including reasonable overhead, resulting from the default of the lessee determined in any reasonable manner; and (2) Reasonable expenditures made in preparing for or performing the contract.