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Q3 Goldson Ltd purchased an item of plant for 180,000 on 1 January 2018. The plant is to be depreciated on a 20% reducing balance

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Q3 Goldson Ltd purchased an item of plant for 180,000 on 1 January 2018. The plant is to be depreciated on a 20% reducing balance basis. Goldson Ltd sold the plant on 31 December 2021 and made a gain of 12,200 on disposal. What is the amount of proceeds to be reported in the Statement of Cash Flows of Goldson Ltd for the year ended 31 December 2021? A 104,360 61,528 85,928 71,182. ABCD B D

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