X Your answer is incorrect. Try again On January 1, 2017, Sunland Corporation sold a building that cost $255,260 and that had accumulated depreciation of $102,770 on the date of sale. Sunland received as consideration a $245,260 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 decimal places, e.g. 458,581.) The amount of gain should be reported 55873