Vesting is the right to receive the multiple choice a) employee's contributions each pay period. b) employer's contributions to a pension plan even if the employee leaves the company before retiring. c) portable employee benefits from a defined-benefit plan. d) 401(k) contributions made by the employee. e) employee of the month award at a company that makes life jackets.

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