On January 1st 20x0 you purchase a building:

Cost:	$3901806
Useful Life:	15 years
Salvage Value:	$723722

On December 31st 20x8 you sell the building and report a gain of $461771. 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. $3639855

b. $3440035

c. $2456727

d. $2668599