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Save & Exit Burke Corporation reported the following information for 2021: Depreciation expense For the year ended 12/31/2021 19,000 Loss on sale of equipment 2,000

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Save & Exit Burke Corporation reported the following information for 2021: Depreciation expense For the year ended 12/31/2021 19,000 Loss on sale of equipment 2,000 12/31/2021 1/1/2021 PPEE - Cost 130,000 150,000 PPRE- Accumulated depreciation (39,000) (22,000) Burke purchased a new machine for cash during 2021. In addition, Burke sold a manufacturing equipment for $23.000 in 2021. The cash outflow to acquire the new machine should be: Multiple Choice S5000 57000 53000

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