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Crane Company purchased machinery for $ 3 4 1 2 0 0 on January 1 , 2 0 2 1 . Straight - line depreciation

Crane Company purchased machinery for $341200 on January 1,2021. Straight-line depreciation has been recorded based on a
$22000 salvage value and a 5-year useful life. The machinery was sold on May 1,2025 at a gain of $7900. How much cash did Crane
receive from the sale of the machinery?
$51180.
$56660.
$72460.
$93740.
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