Beginning Retained Earnings

$$160,000$

Ending Retained Earnings

$180,000$

Net income for the period

$180,000$

Stock dividends

$65,000$

Cash dividend payments

$?$

b$.$

Beginning Property, Plant, and Equipment

$$360,000$

net

Ending Property, Plant, and Equipment

$380,000$

net

Amortization for the period

$42,000$

Acquisitions of new property, plant, and equipment

$110,000$

$$Property$,$ plant, and equipment was sold at an $$11,500$ loss. What was the amount of the cash receipt from the$$ sale?