{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-27T15:02:35-04:00", "answer_date": "2024-05-27 15:02:35", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1785930", "url": "\/study-help\/questions\/blossom-company-has-a-factory-machine-with-a-book-value-1785930", "question_creation_date_js": "2024-05-27T15:02:35-04:00", "question_creation_date": "May 27, 2024 03:02 PM", "meta_title": "[Solved] Blossom Company has a factory machine wit | SolutionInn", "meta_description": "Answer of - Blossom Company has a factory machine with a book value of $85,000 and a remaining useful life of 5 years. It can be s | SolutionInn", "meta_keywords": "blossom,company,factory,machine,book,value,$85,000,remaining,life,5,years,sold", "question_title_h1": " Blossom Company has a factory machine with a book value of $85,000 and a remaining useful life of 5 years. It can be sold", "question_title": " Blossom Company has a factory machine with a book value of", "question_title_for_js_snippet": "Blossom Company has a factory machine with a book value of $85,000 and a remaining useful life of 5 years It can be sold for $25,000 A new machine is available at a cost of $345,000 This machine will have a 5 year useful life with no salvage value The new machine will lower annual variable manufacturing costs from $550,000 to $450 000 Prepare an analysis showing whether the old machine should be retained or replaced (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 eg 45 dr parentheses eg (45)) Variable manufacturing costs New machine cost Sell old machine Total Retain Equipment $ Replace Equipment Net Income Increase (Decrease) $", "question_description": "\"image\"image", "transcribed_text": "Blossom Company has a factory machine with a book value of $85,000 and a remaining useful life of 5 years. It can be sold for $25,000. A new machine is available at a cost of $345,000. This machine will have a 5-year useful life with no salvage value. The new machine will lower annual variable manufacturing costs from $550,000 to $450.000. Prepare an analysis showing whether the old machine should be retained or replaced. (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 eg.-45 dr parentheses eg. (45)) Variable manufacturing costs New machine cost Sell old machine Total Retain Equipment $ Replace Equipment Net Income Increase (Decrease) $", "related_book": { "title": "Comparative international accounting", "isbn": "273703579, 978-0273703570", "edition": "9th Edition", "authors": "Christopher nobes, Robert parker", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/166.jpg", "uri": "\/textbooks\/comparative-international-accounting-9th-edition-166", "see_more_uri": "" }, "free_related_book": { "isbn": "B0874SJ2F6", "uri": "\/textbooks\/tuggui-baseball-bat-steel-crack-pattern-with-carry-bag-b0874sj2f6-157962", "name": "Tuggui Baseball Bat Steel Crack Pattern With Carry Bag", "edition": "" }, "question_posted": "2024-05-27 15:02:35", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/federal-taxation\/both-highincome-and-lowincome-employees-are-covered-by-cafeteria-plans", "description": "Both high-income and low-income employees are covered by cafeteria plans. 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