Problem 6-1 Answer each of these unrelated questions. Click here to view factor tables On January 1, 2017, Sunland Corporation sold a building that cost $251,060 and that had accumulated depreciation of $109,510 on the date of sale. Sunland received as consideration a $241,060 non-interest-bearing note due on January 1, 2020. 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, 2017, was 9%. 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 O decimal places, e.g. 458,581) The amount of gain should be reported on January 1 2017 Sunland Corporation purchased 323 o the $ 000 a ce value, 9% 10-year bonds of alters in The bonds mature on lanuary , 202, and pay interes annually beginning anuary , purchased the bonds to yield 11%. How much did Sunland pay for the bonds? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, eg. 458,581.) 013. Sunland Sunland must pay for the bonds Sunland Corporation bought a new machine and agreed to pay for it in equal annual installments of $4,750 at the end of each of the next 10 years. Assuming that a prevailing interest rate of 6% applies to this contract, how much should Sunland record as the cost of the machine? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Cost of the machine to be recorded