Larson manufacturing is considering purchasing a new injection-molding machine for $360 comma 000360,000 to expand its production capacity. it will cost an additional $20 comma 00020,000 to do the site preparation. with the new injection-molding machine installed, larson manufacturing expects to increase its revenue by $86 comma 00086,000 per year. the machine will be used for fivefive years, with an expected salvage value of $73 comma 00073,000. at an interest rate of 1414%, would the purchase of the injection-molding machine be justified?

Listed below are several transactions that took place during the first two years of operations for the law firm of pete, pete, and roy. year 1 year 2amounts billed to clients for services rendered $ 170,000 $ 220,000 cash collected from clients 160,000 190,000 cash disbursements salaries paid to employees for services rendered during the year 90,000 100,000 utilities 30,000 40,000 purchase of insurance policy 60,000 0 in addition, you learn that the company incurred utility costs of $35,000 in year 1, that there were no liabilities at the end of year 2, no anticipated bad debts on receivables, and that the insurance policy covers a three-year period. required: 1. & 3. calculate the net operating cash flow for years 1 and 2 and determine the amount of receivables from clients that the company would show in its year 1 and year 2 balance sheets prepared according to the accrual accounting model.2. prepare an income statement for each year according to the accrual accounting model.