On January 1st 20x0 you purchase a building:

Cost:	$3559479
Useful Life:	13 years
Salvage Value:	$550374

On December 31st 20x8 you sell the building and report a gain of $399741. If the method of straight-line depreciation is used, how much cash was the building sold for? (Hint: First calculate the carrying value at December 31, 20x8)

Select one:

a. $1875993

b. $2107463

c. $3159738

d. $3408846