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How much cash did sunland receive from the sale

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Question - Sunland Company purchased machinery for $915000 on January 1, 2017. Straight-line depreciation has been recorded based on a $56000 salvage value and a 5-year useful life. The machinery was sold on May 1, 2021 at a gain of $21500. How much cash did Sunland receive from the sale of the machinery?

a. $248033

b. $192033

c. $149033

d. $136033

Reference no: EM132601579

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