Cr. Drawing account
i
Dato
Particulars
Amount
(Rs.)
5.000
by Balance eld
5,000
2.000
5.000
Ans 62.000
transactions of ABC Services are provided to you:
Started service rm with cash R$ 100.000
Padurniture for Rs 50000 paying Ra 10.000 cash and signing Rs 40.000 one year 5%
more payable for the balance
Mes Purchased office supplies on account Rs 1000.
medients os 20 000 for services performed
Pane Advertisement hull paid Rs 5.000
me te Panhall amount for office supplies that were purchased in June 6
de 22 RecenRs 15.000 cash from clients billed on June 10,
2 Cash withdrew by owner Rs 3.000
ne 30 Pants 2.000 for utilities
Required Thal balance
30.000.000
3000 30000
2000.000​

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