Florence company received a bank statement showing a balance of $13,550 on november 30, 2019. during the bank reconciliation process, florence’s accountant noted the following bank errors: a check for $265 issued by florentine, inc., was mistakenly charged to florence company’s account. check 2782 was written for $200 but was paid by the bank as $1,200. check 2920 for $85 was paid by the bank twice. a deposit for $580 on november 22 was credited by the bank for $850. assuming outstanding checks total $2,450, prepare the adjusted bank balance section of the november 30, 2019, bank reconciliation.

On january 2, 2016, twilight hospital purchased a $94,800 special radiology scanner from bella inc. the scanner had a useful life of 4 years and was estimated to have no disposal value at the end of its useful life. the straight-line method of depreciation is used on this scanner. annual operating costs with this scanner are $106,000. approximately one year later, the hospital is approached by dyno technology salesperson, jacob cullen, who indicated that purchasing the scanner in 2016 from bella inc. was a mistake. he points out that dyno has a scanner that will save twilight hospital $26,000 a year in operating expenses over its 3-year useful life. jacob notes that the new scanner will cost $111,000 and has the same capabilities as the scanner purchased last year. the hospital agrees that both scanners are of equal quality. the new scanner will have no disposal value. jacob agrees to buy the old scanner from twilight hospital for $40,500. if twilight hospital sells its old scanner on january 2, 2017, compute the gain or loss on the sale. prepare an incremental analysis of twilight hospital.