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How much cash did sutherland receive from the sale

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Question - Sutherland Company purchased machinery for $640,000 on January 1, 2009. Straight-line depreciation has been recorded based on a $40,000 salvage value and a 5-year useful life. The machinery was sold on May 1, 2013 at a gain of $12,000. How much cash did Sutherland receive from the sale of the machinery?

A) $172,000.

B) $92,000.

C) $108,000.

D) $132,000.

Reference no: EM131795150

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