During 2021, Swifty Inc. had sales on account of $191000, cash sales of $81900, and collections on account of $126100. In addition, they collected $2170 which had been written off as uncollectible in 2020. As a result of these transactions, the change in the accounts receivable balance indicates a $146800 increase. O $62730 increase O $144630 increase O $64900 increase Save for Later Attempts: 0 of 1 used Submit Answer Equipment was purchased for $146000. Freight charges amounted to $6700 and there was a cost of $19000 for building a foundation and installing the equipment. It is estimated that the equipment will have a $30500 salvage value at the end of its 5-year useful life. Depreciation expense each year using the straight-line method will be O $34340. O $24060. O $28240. O $23100. Save for Later Attempts: 0 of 1 used Submit