On January 1, 2020, Marigold Corporation sold a building that cost $270,060 and that had accumulated depreciation of $ 107,240 on the date of sale. Marigold received as consideration a $260,060 non-interest-bearing note due on January 1. 2023. There was no established exchange price for the building, and the note had no ready market. The prevailing rate of interest for a note of this type on January 1, 2020, was 10%. At what amount should the gain from the sale of the building be reported? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) The amount of gain should be reported $. e Textbook and Media On January 1, 2020, Marigold Corporation purchased 321 of the $1,000 face value, 10%, 10-year bonds of Walters Inc. The bonds mature on January 1, 2030, and pay interest annually beginning January 1, 2021. Marigold purchased the bonds to yield 11%. How much did Marigold pay for the bonds? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Marigold must pay for the bonds $ e Textbook and Media e Textbook and Media Marigold Corporation bought a new machine and agreed to pay for it in equal annual installments of $4,880 at the end of each of the next 10 years. Assuming that a prevailing interest rate of 8% applies to this contract, how much should Marigold record as the cost of the machine? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to o decimal places, e.g. 458,581.) Cost of the machine to be recorded $ e Textbook and Media Marigold Corporation wants to withdraw $110,360 (including principal) from an investment fund at the end of each year for 9 years. What should be the required initial investment at the beginning of the first year if the fund earns 11%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Required initial investment $ Textbook and Media Marigold Corporation purchased a special tractor on December 31, 2020. The purchase agreement stipulated that Marigold should pay $18,790 at the time of purchase and $5,200 at the end of each of the next 8 years. The tractor should be recorded on December 31, 2020, at what amount, assuming an appropriate interest rate of 12%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Cost of tractor to be recorded $ e Textbook and Media