Problems 23. Using the following information answer question a & b below. On January 1, 2015 Company A sold an old building with a basis of $370,000 to company B in exchange for an $875,000 note. The note as a coupon rate of 5% and pays interest annually and is due on December 31, 2017 Company B's cost of capital or market rate is 6%. a. What was the amount of Company's A gain or (loss) on the sale of the old building on January 1, 2015(lf using a fin calculator, show inputs. If using PV table, show work Show the amounts and the affect (?) (increase or decrease) on Company's A balance sheet equation A 2015. b. L + OE for the sale for the sale of the plant building on January 1, 24. Using the information in the chart below, answer a &b Year 3 Line Items 40 1 Days in account receivable 2 sales 3 Cost of sales 5475,000 10,000 $4,182,292 6,060,606 48 a. Compute the amount of inventory for only year 3 8 lmp te the Amout of Acounts Rewuatl fo anly year 2 ompute the Amount o