Question: Just need the answer for the markt wrong questions. Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value

Just need the answer for the markt wrong questions.
Just need the answer for the markt wrong questions. Xinhong Company is
considering replacing one of its manufacturing machines. The machine has a book

Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $36,000 and a remaining useful life of four years, at which time its salvage value will be zero. It has a current market value of $46,000. Variable manufacturing costs are $33,900 per year for this machine. Information on two alternative replacement machines follows. Alternative A Alternative B Cost Variable manufacturing costs per year $124,000 $114,000 22,700 10,100 Calculate the total change in net income if Alternative A, B is adopted. Should Xinhong keep or replace its manufacturing machine? the machine should be replaced, which alternative new machine should Xinhong purchase? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Alternative A Alternative B Xinhong Purchase Calculate the total change in net income if Alternative A is adopted. (Cash outflows should be indicated by a minus sign.) ALTERNATIVE A: INCREASE OR (DECREASE) IN NET Cost to buy new machine $ (124,000) Cash received to trade in old machine 46,000 Reduction in variable manufacturing costs 56,000 Total change in net income $ 22,000) INCOME Adarnative Alternative 8 > Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $36,000 and a remaining useful life of four years, at which time its salvage value will be zero. It has a current market value of $46,000. Variable manufacturing costs are $33,900 per year for this machine. Information on two alternative replacement machines follows. Alternative A Alternative B Cost $124,000 $114,000 Variable manufacturing costs per year 22,700 10,100 4:47 Calculate the total change in net income If Alternative A, B is adopted. Should Xinhong keep or replace its manufacturing machine? If the machine should be replaced, which alternative new machine should Xinhong purchase? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Alternative A Alternative B Xinhong Purchase Calculate the total change in net income if Alternative B is adopted. (Cash outflows should be indicated by a minus sign.) ALTERNATIVE B: INCREASE OR (DECREASE) IN NET INCOME Cost to buy new machine $ (114,000) Cash received to trade in old machine 46,000 Reduction in variable manufacturing costs 119,000 Total change in net income $ 51,000

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