From the income statement Depreciation expense $500 Loss on sale of equipment 4,000 From the balance sheet Beginning Equipment 12,500 Ending Equipment 6,500 Beginning Accumulated Depreciation 2,000 Ending Accumulated Depreciation 2,200 No new equipment was bought during the period. For the equipment that was sold, determine its original cost.

The link between volume of production and the cost of building manufacturing operations is particularly important in industries characterized byanswers: process innovations.product manufacturing.product innovation.process manufacturing.

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?

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