January 1, 2021, for $252,000. In addition, during 2021 the following costs related to the building have been incurred: Utilities $ 14,000 Property tax 4,200 Expansion of the building 55,000 New air-conditioning system 30,000 General maintenance $ 21,000 The amount of expenditures to capitalize for the year (not including the initial purchase of the building) is

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine