fill out both charts please!!

9 Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $37,000 and a remaining useful life of four years, at which time its salvage value will be zero. It has a current market value of $47,000. Variable manufacturing costs are $33,200 per year for this machine. Information on two alternative replacement machines follows. 2 points Cost Variable manufacturing cont. per year Alternative $124,000 22,900 Alternative $118,000 10,500 Skipped eBook 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? Hint Print 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 INCOME Cost to buy new machine Cash received to trade in old machine Reduction in variable manufacturing costs Total change in net income 5 Alternative Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $37,000 and a remaining useful life of four years, at which time its salvage value will be zero. It has a current market value of $47.000. Variable manufacturing costs are $33,200 per year for this machine. Information on two alternative replacement machines follows. Alternative Alternativ Cost $124,000 $118,000 Variable manufacturing costs per year 22,900 10.500 points Skipped eBook 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? Hint Print Complete this question by entering your answers in the tabs below. Alternative A Alternative B Xinhong Purchase Calculate the total change in net income i 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 Cash received to trade in old machine Reduction in variable manufacturing costs 3 Total change in net income 0