e. Cash received from the sale of equipment. Acorda paid $35,000 for new equipment during the year. Complete the calculation of cash received from the sale of equipment. Select the formula. Then, enter the amounts to solve for cash received from the sale of equipment. Book value of equipment sold Gain on sale Cash received from sale 7000 = 18: on to view the balance sheets.) on to view the i Income Statement Acorda Health Foods, Inc. Comparative Balance Sheets ts for invent accounts fmu December 31, 2018 and 2017 ed: AP = Accounts pa AP 2018 Acorda Health Foods, Inc. + 2017 ry Cash $ 18,000 $ 8,000 + Accounts receivable 26,000 27,000 s for other Inventories 43,000 36,000 la. Then, en 4,000 6,000 Prepaid expenses Equipment, net PL 85,000 15,000 77,000 15,000 op ting expens 0,000 Income Statement Year Ended December 31, 2018 Sales revenue $ 189,000 7,000 Gain on sale of equipment 196,000 Total revenue and gains Cost of goods sold 84,000 Depreciation expense 15,000 40,000 Other operating expenses Total expenses 139,000 Income before income tax 57,000 Income tax expense 17,100 $ 39,900 Net income $ Intangible assets Total assets $ 191,000 $ 169,000 for income ind i la. Then, en $ 18,000 $ 11,000 Accounts payable Accrued liabilities 21,000 22,000 find payable 000 lood 10,100 11,000 Income tax payable Notes payable 45,000 57,000 from the sa Common stock Iculation of bunt Retained earnings of equipmen 27,000 17,000 87,900 68,000 (18,000) (17,000) $ 191,000 $ 169,000 Print Done Treasury stock Total liabilities and stockholders' equity y list or enter any number in the input fields and then click Check Answer. Print Done Clear All Chec