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Crystal Corporation had beginning property, plant, and equipment (PPE), of $427,500 and an ending balance of 579,300. Whereas the accumulated amortization had a beginning balance

Crystal Corporation had beginning property, plant, and equipment (PPE), of $427,500 and an ending balance of 579,300. Whereas the accumulated amortization had a beginning balance of $123,000 and an ending balance of $141,300. The income statement reported an amortization expense of 38,700 and a gain from the sale of PPE of $4,700 for the year. Crystal Corporation acquired $275,000 of PPE during the year; paying with a note payable. The cash received from the sale and reported on the cash flow statement is _____.

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