USA How to record returning a capitalized asset to the vendor for a refund


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We have a piece of equipment that was capitalized in the prior fiscal year. The equipment is not functioning properly and the vendor is unable to fix it. We will be returning the equipment for a full refund. We will be purchasing new equipment from a different vendor. Currently, the equipment has a NBV of $113,267. The refund will be $169,900. How should I record the series of transactions?
 
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