Each of the items below must be considered in preparing a statement of cash flows for baskerville co. for the year ended december 31, 2017. for each item, state how it should be shown in the statement of cash flows for 2017 and the indirect method is used. (a) issued bonds for $200,000 cash. (b) purchased equipment for $150,000 cash. (c) sold land costing $20,000 for $20,000 cash. (d) declared and paid a $50,000 cash dividend.

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