Question 7 of 20 - / 0.4 View Policies Current Attempt in Progress Crane Company purchased machinery for $1000000 on January 1, 2017. Straight-line depreciation has been recorded based on a $70000 salvage value and a 5-year useful life. The machinery was sold on May 1, 2021 at a gain of $18000. How much cash did Crane receive from the sale of the machinery? $182000. $212000. O $142000. O $282000. Save for Later