Saturn co. purchases a used machine for $240,000 cash on january 2 and readies it for use the next day at an $8,000 cost. on january 3, it is installed on a required operating platform costing $1,600, and it is further readied for operations. the company predicts the machine will be used for six years and have a $28,800 salvage value. depreciation is to be charged on a straight-line basis. on december 31, at the end of its fifth year in operations, it is disposed of.
required:
1) prepare journal entries to record the machine's disposal under each of the following separate assumptions:
(a) it is sold for $ 24,000 cash
(b) it is sold for $ 96,000 cash
(c) it is destroyed in a fire and the insurance company pays $34,500 cash to settle the loss claim.

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

happy to

pls mark as brainliest

i think the answer is a. dependable person

i hope this is right!

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.