PRINTER VERSTON BACK NEXT Question 36 On May 1, 2018, Coronado Company sells office furniture for $295200 cash. The office furniture originally cost $740800 when purchased on January 1, 2011. Depreciation is recorded by the straight-line method over 10 years with a salvage value of $74200. What gain should be recognized on the sale? O $86480. O $22220 $43240 O $45740 SUBMIT ANSWER Question Attempts: 0 of 1 used SAVE FOR LATER