Homework: Chapter 11 Homework, part 1 Question 4, E11-5 (similar to) Part 1 of 2 HW Score: 80%, 12 of 15 points O Points: 0 of 3 Save Wildwing Enterprises manufactures and distributes thermostats for major kitchen appliances. At the beginning of the current year, Wildwing decided to expand its operations by acquiring a metal soldering machine. The machine is to be produced by the manufacturer according to Wildwing's specifications and it does not have a market outside of this transaction. (Click the icon to view financing information.) Read t Future Preser More info To finance this purchase, the manufacturer provided Wildwing credit and asked the company to issue a 9-year, $820,000 non-interest-bearing note payable. If Wildwing borrowed the funds from a commercial bank, it would have incurred a 2% interest rate. Requirements a. Determine the proper valuation of the machine. b. Prepare the journal entry to record the acquisition. - Requi The pr Print Done Print Done