The following information pertains to a company's cash balance and bank reconciliation as of August 31: Company balance before reconciliation $ 5,000 Checks outstanding $ 2,500 Notes collected by the bank $ 2,200 Service fee $ 50 Deposits outstanding $ 2,000 What is the correct cash balance for the company?

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