Wyoming tours co. is a travel agency. the nine transactions recorded by wyoming tours during june 2016, its first month of operations, are indicated in the following t accounts: cash (1) 35,000 (2) 2,700 (7) 8,300 (3) 4,500 (4) 4,700 (6) 5,200 (9) 2,500 equipment (3) 14,900 lorene jones, drawing (9) 2,500 accounts receivable (5) 14,000 (7) 8,300 accounts payable (6) 5,200 (3) 10,400 service revenue (5) 14,000 supplies (2) 2,700 (8) 1,100 lorene jones, capital (1) 35,000 operating expenses (4) 4,700 (8) 1,100 required: a. prepare an unadjusted trial balance, listing the accounts in their proper order. b. based upon the unadjusted trial balance, determine the net income or net loss.

The gilbert instrument corporation is considering replacing the wood steamer it currently uses to shape guitar sides. the steamer has 6 years of remaining life. if kept,the steamer will have depreciaiton expenses of $650 for five years and $325 for the sixthyear. its current book value is $3,575, and it can be sold on an internet auction site for$4,150 at this time. if the old steamer is not replaced, it can be sold for $800 at the endof its useful life. gilbert is considering purchasing the side steamer 3000, a higher-end steamer, whichcosts $12,000 and has an estimated useful life of 6 years with an estimated salvage value of$1,500. this steamer falls into the macrs 5-year class, so the applicable depreciationrates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. the new steamer is fasterand allows for an output expansion, so sales would rise by $2,000 per year; the newmachine's much greater efficiency would reduce operating expenses by $1,900 per year.to support the greater sales, the new machine would require that inventories increase by$2,900, but accounts payable would simultaneously increase by $700. gilbert's marginalfederal-plus-state tax rate is 40%, and its wacc is 15%.a. should it replace the old steamer? b. npv of replace = $2,083.51