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The following account balances were drawn from the year-end balance sheets of Gordon Company. Account Title Year 2 Year 1 Office Furniture $78,000 $81,000 Accumulated

The following account balances were drawn from the year-end balance sheets of Gordon Company.

Account Title Year 2 Year 1
Office Furniture $78,000 $81,000
Accumulated Depreciation 39,000 37,000

During Year 2 the Company purchased office furniture that cost $10,000. The Year 2 income statement shows depreciation expense of $6,000 and a loss on the sale of office furniture of $2,000. Based on this information alone, the amount of the cash inflow from sale of office furniture is

$4,000.
$7,000.
$9,000.
$13,000.

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