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On January 1, 2021, Florida Investments purchases a condo for $320,000. The company borrows the $320,000 at 5%. Installment payments of $1.918.56 ore due at

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On January 1, 2021, Florida Investments purchases a condo for $320,000. The company borrows the $320,000 at 5%. Installment payments of $1.918.56 ore due at the end of each month, with the first payment due on January 31, 2021 Complete the amortization schedule below: Complete this question by entering your answers in the tabs below. Amortization Schedule Complete the amortization schedule below: (Round your answers to the nearest dollar amount. Enter all amounts as positive values.) Date Cash Paid Interest Decrease in Expense Carrying Value Carrying Value 01/01/2021 01/31/2021 02/28/2021 The Bomb Pop Corporation sold ice cream equipment for $15,900. The equipment was originally purchased for 538,000, and depreciation through the date of sale totaled $24,000. What was the gain or loss on the sale of the equipment? on sale

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