Question 1 of 1 - / 10 View Policies Current Attempt in Progress Answer each of these unrelated questions. Click here to view factor tables On January 1, 2020, Bramble Corporation sold a building that cost $274,380 and that had accumulated depreciation of $105,010 on the date of sale. Bramble received as consideration a $264.380 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 12%. At what amount should the gain from the sale of the building be reported? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to decimal places, eg. 458,581.) The amount of gain should be reported $ $ eTextbook and Media On January 1, 2020, Bramble Corporation purchased 312 of the $1,000 face value. 12%, 10-year bonds of Walters Inc. The bonds mature on January 1, 2030, and pay interest annually beginning January 1, 2021. Bramble purchased the bonds to yield 11%. How much did Bramble pay for the bonds? (Round factor values to 5 decimal places, eg. 1.25124 and final answer too decimal places, eg. 458,581.) $ ssmer Bramble must pay for the bonds Bramble Corporation bought a new machine and agreed to pay for it in equal annual installments of $5,810 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 Bramble record as the cost of the machine? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to O decimal places, e.g.458,581.) Cost of the machine to be recorded $ $ e Textbook and Media Bramble Corporation purchased a special tractor on December 31, 2020. The purchase agreement stipulated that Bramble should pay $21,330 at the time of purchase and $5,060 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, eg. 1.25124 and final answer to decimal places, e.g.458,581.) Cost of tractor to be recorded $ e Textbook and Media Bramble Corporation wants to withdraw $109,910 (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 O decimal places, e.g. 458,581.) Required initial investment $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
