Harris Company had the following excerpt from its financial records: 12 31/2016 12/312017 $943,000S873,000 Equipment Accumulated Depreciation 597,000 619,000 S 324,000 The following information is taken from Harris Company's records: 1. Depreciation expense for 2017 and 2016 was $57,000 and $61,000, respectively. 2. Equipment was purchased during 2017 for $123,000 cash. 3. A gain on sale of equipment of S8,000 was recorded during 2017 Required Compute the cash proceeds from the sale of the equipment during 2017 Cash from the sale of the equipment: Clear SD Undo He Next>>