TB MC Qu. 16-142 (Algo) Green Company reports... Green Company reports depreciation expense of $43,000 for Year 2. Also, equipment costing $149,000 was sold for a $5,300 gain in Year 2. The following selected information is available for Green Company from its comparative balance sheet. Compute the cash received from the sale of the equipment. At December 31 Equipment Accumulated Depreciation-Equipment Multiple Choice $31,000. $25,700. $36,300. $43,000. $74,000. Year 2 $ 625,000 440,000 Year 1 $ 774,000 515,000

TB MC Qu. 16-142 (Algo) Green Company reports... Green Company reports depreciation expense of $43,000 for Year 2. Also, equipment costing $149,000 was sold for a $5,300 gain in Year 2. The following selected information is available for Green Company from its comparative balance sheet. Compute the cash received from the sale of the equipment. Multiple Choice $31,000 525,700 $36.300 $43,000 $74,000