Computing Cash Received from the Sale of Property, Plant, and Equipment Using the following information, compute the amount of cash received from the sale of the property, plant, and equipment.

Depreciation expense $ 9,700

End of Year Beginning of Year

Property, plant, and equipment $134,000 $124,000

Accumulated depreciation 30,000 38,000

During the year, property, plant, and equipment with an original cost of $26,000 was sold for a gain of $6,500.

Answer: