Miller corporation is considering replacing a machine. the replacement will reduce operating expenses (that is, increase earnings before depreciation, interest, and taxes) by $ 18 comma 000 per year for each of the 5 years the new machine is expected to last. although the old machine has zero book value, it can be used for 5 more years. the depreciable value of the new machine is $ 40 comma 000. the firm will depreciate the machine under macrs using a 5-year recovery and is subject to a 40 % tax rate. estimate the incremental operating cash inflows generated by the replacement. (note: be sure to consider the depreciation in year 6.)

The following items could appear on a bank reconciliation: a. outstanding checks, $670. b. deposits in transit, $1,500. c. nsf check from customer, no. 548, for $175. d. bank collection of note receivable of $800, and interest of $80. e. interest earned on bank balance, $20. f. service charge, $10. g. the business credited cash for $200. the correct amount was $2,000. h. the bank incorrectly decreased the business's by $350 for a check written by another business. classify each item as (1) an addition to the book balance, (2) a subtraction from the book balance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance.