R @& education.wiley.com Chapter 20 Homework NeLETI l omework (GRA W Question 8 of 11 - Chapter 20 Homework... 0 E from Online Tutor... @ e & Chapter 20 Homework (GRADED) Question 8 of 11 731/10 = i= On January 2, 2019, Twilight Hospital purchased a $104,400 special radiology scanner from Bella Inc. The scanner had a useful life of 4 years and was estimated to have no disposal value at the end of its useful life. The straight-line method of depreciation is used on this scanner. Annual operating costs with this scanner are $106,000. Approximately one year later, the hospital is approached by Dyno Technology salesperson, Jacob Cullen, who indicated that purchasing the scanner in 2019 from Bella Inc. was a mistake. He points out that Dyno has a scanner that will save Twilight Hospital $25,000 a year in operating expenses over its 3-year useful life. Jacob notes that the new scanner will cost $110,000 and has the same capabilities as the scanner purchased last year. The hospital agrees that both scanners are of equal quality. The new scanner will have no disposal value. Jacob agrees to buy the old scanner from Twilight Hospital for $55,500. (a) ' Your answer is correct. If Twilight Hospital sells its old scanner on January 2, 2020, compute the gain or loss on the sale. $ 22800 [ eTextbook and Media Attempts: 1 of 2 used & Youransweris partially correct. 6 Prepare an incremental analysis of Twilight Hospital. (In the first two columns, enter costs and expenses as positive amounts, and any amounts received as negative amounts. In the third column, enter net income increases as positive v G education.wiley.com + Chapter 20 Homework w Chapter 20 Homework (GRADED) W Question 8 of 11 - Chapter 20 Homework... Homework Help - Q&A from Online Tutor. G johnson enterprises uses a computer to... Chapter 20 Homework (GRADED) Question 8 of 11 > 7.31 / 10 = : (b) Your answer is partially correct. Prepare an incremental analysis of Twilight Hospital. (In the first two columns, enter costs and expenses as positive amounts, and any amounts received as negative amounts. In the third column, enter net income increases as positive amounts and decreases as negative amounts. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net Income Retain Replace Increase Scanner Scanner (Decrease) Annual operating $ 106000 81000 25000 costs New scanner cost O 1 10000 i 110000 Old scanner salvage -55500 i 55500 Total 106000 $ 135500 -29500 Should Twilight Hospital purchase the new scanner on January 2, 2020? Yes e Textbook and Media Save for Later Last saved 14 hours ago. Attempts: 1 of 2 used Submit Answer . . Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes