Question 9 of 12 - /1.5 On January 1, 2020. Nash Corporation sold a building that cost $263.240 and that had accumulated depreciation of $101.140 on the date of sale. Nash received as consideration a $253.240 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 11%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, Nash Corporation purchased 344 of the $1,000 face value 11%, 10-year bonds of Walters Inc. The bonds mature on January 1, 2030, and puy interest annually beginning January 1, 2021. Nash purchased the bonds to yield 11%. How much did Nash pay for the bonds? (Round factor values to 5 decimal places, es. 1.25124 and final answer to decimal places, og 458,581) Nash must pay for the bonds $ e Textbook and Media Nash Corporation bought a new machine and agreed to pay for it in equal annual installments of S4,790 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 Nash record as the cost of the machine? (Round factor values to 5 decimal proces, eg 1.25124 and final answer to O decimal places, es 458,581) Cost of the machine to be recorded $ c Textbook and Media Nask Corporation purchased a special tractor on December 31, 2020. The purchase freement stipulated that Nash should pay $18.820 at the time of purchase and 55.180 at the end of each of the next years. The tractor should be recorded on December 31, 2020, at what amount, suming an appropriate interest rate of 12% (ound factor values to 5 decimal places, c. 1.25124 and final answer to decimal places, 458,581) Cost of tractor to be recorded 5 Nash Corporation wants to withdraw $117.850 (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, eg. 1.25124 and final answer to decimal places, e.g. 458,581.) Required initial investment $ e Textbook and Media
