Jamison Company reports depreciation expense of $51,000 for Year 2. Also, equipment costing $173,000 was sold for a $6,100 gain in Year 2. The following selected information is available for Jamison Company from its comparative balance sheet. Compute the cash received from the sale of the equipment.

Jamison Company reports depreciation expense of $51,000 for Year 2. Also, equipment costing $173,000 was sold for a $6,100 gain in Year 2. The following selected information is available for Jamison 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 $665,000 $838,000 472,000 555,000 Multiple Choice O $51.000. (0) $45,100. O $90,000 O $39.000 O O $32,900