A pump has failed in a facility that will be completely replaced in 3 years. A brass pump costing $6,000 installed will last 3 years. However, a used stainless steel pump that should last should last 3 more years has been sitting in the maintenance shop for a year. The pump cost $13,000 new. The accountant say the pump is worth $7000 now. The maintenance supervisor says that it will cost an extra $500 to reconfigure the pump for the new use and that he could sell it used (as is ) for $4000. Required:
a. What is the book cost of the stainless steel pump?
b. What is the opportunity cost of the stainless steel pump?
c. How much cheaper or more expensive would t be to use the stainless steel pump rather than a new pump?

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

answer; 33,000;