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Sebrlng Company reports depreciation expense of $44,000 for Year 2. Also, equipment costing $153,000 was sold for Its book value In Year 2. The following

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Sebrlng Company reports depreciation expense of $44,000 for Year 2. Also, equipment costing $153,000 was sold for Its book value In Year 2. The following selected Information Is available for Sebrlng Company from Its comparative balance sheet. Compute the cash received from the sale of the equipment. $77,000. $76,000. $38,000. $33,000. $44,000

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