Mercury Company reports depreciation expense of $54,000 for Year 2. Also, equipment costing $183,000 was sold for its book value in Year 2. The following selected information is available for Mercury Company from its comparative balance sheet. Compute the cash received from the sale of the equipment. At December 31 Year 2 Year 1 Equipment $ 680,000 $ 863,000 Accumulated Depreciation-Equipment 485,000 570,000 possible answers $98,000. $54,000. $44,000. $42,500. $85,000.