Green Company reports depreciation expense of $53,000 for Year 2. Also, equipment costing $179,000 was sold for a 56,300 gain in Year 2. The following selected information is available for Green Company from its comparative balance sheet Compute the cash received from the sale of the equipment At December 31 Equipment Accumulated Depreciation Equipment Year 2 Year 1 $675,000 $854,000 480,000 565, eee Multiple Chop 553,000 594.000 $41000 Multiple Choice $53,000 $94,000 $41000 $34700 $47.300