Let's Sizzle Today is a local steakhouse renowned for its premium cuts. The steakhouse proudly owns a range of capital assets that enhance its dining experience. At the beginning of the year, the net book value or carrying amount of these capital assets was $216,943. The ending carrying value of assets was $352,349, showcasing Let's Sizzle Today's commitment to quality.
Throughout the year, Let's Sizzle Today invested further in its capital assets, acquiring an impressive $208,161 worth of new additions. These new acquisitions expanded the steakhouse's capacity to deliver exceptional dining experiences to its discerning patrons. However, as part of the normal course of business, Let's Sizzle Today also experienced some depreciation. The income statement for the year revealed a depreciation expense of $18,010, reflecting the wear and tear of these capital assets over time. In addition to depreciation, Let's Sizzle Today encountered a minor setback when it had to sell a piece of property, plant, and equipment at a loss. The loss on the sale amounted to $9,450, which Let's Sizzle Today diligently reported in its financial records.
Calculate the proceeds received on the sale of property, plant, and equipment during the year.
Do not round intermediary answers. Round your final answer to the nearest dollar.