Ms. Drake sold a business that she had operated as a sole proprietorship for 18 years. On date of sale, the business balance sheet showed the following assets Tax Basis $ 43,000 144,000 Accounts receivable Inventory Furniture and equipment: Cost Accumulated depreciation Leasehold improvesents Cost Accumulated amortization 54, See (51,600 28.000 (5,500) Required: The purchaser paid a lump sum price of $322.500 cash for the business. The sales contract stipulates that the FMV of the business inventory is $158.800 and the FMV of the remaining balance sheet assets equals adjusted tax basis. Assuming that Ms. Drake's marginal tax rate on ordinary income is 35 percent and her rate on capital gain is 15 percent, compute the net cash flow from the sale of her business Nutch 340 610