Requirement 2. What was the amount of the cash receipt from the sale of plant assets? The cash receipt from the sale plant assets is $ 1 More Info a. Beginning and ending Retained Earnings are $41,000 and $67,000, respectively. Net income for the period is $60,000. b. Beginning and ending Plant Assets are $122,500 and $133,500, respectively. c. Beginning and ending Accumulated DepreciationPlant Assets are $22,500 and $27,500, respectively. d. Depreciation Expense for the period is $18,000, and acquisitions of new plant assets total $29,000. Plant assets were sold at a $6,000 gain. Print Done