A company's old machine, which cost $38,000 and had accumulated depreciation of $28,200, was traded in on a new machine of like purpose having an estimated 20-year life with an invoice price of $48,000. The company also paid $41,000 cash, along with its old machine to acquire the new machine. The value of new machine should be recorded at:

Some disadvantages to leasing a car is that you are counting on someone to give you money every week or month depending on what you decided and if they don't have all of it well what if you needed that money now you as well have to pay not in full. a disadvantages to purchasing a new vehicle is if it is used then not all the time will absolutely everything work. its almost like a trail and era. although if it is a new car they will try to though all these specials and deals at you in your lease and it can be very overwhelming if you are not use to it.   

If a huge trend is in place and a company does not take part in it or speak about it they might be criticized for their lack of corporate  social responsibility.  hope this you!

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