Walmart Inc. sold a trademark for $250,000. The trademark was purchased for $350,000 and had accumulated amortization of $300,000. Requirements: a. Prepare the journal entry to record the sale of the trademark by Walmart Inc. b. Determine the gain or loss on the sale of the trademark. c. Record the accumulated amortization. d. Calculate the book value of the trademark at the time of sale. e. Analyze the impact of the sale on the income statement and balance sheet.