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The net book value of truck inc's property plant and equipment (ppe) was $734,550 on january 1, 2014 and $658,000 on december 31, 2014. during
The net book value of truck inc's property plant and equipment (ppe) was $734,550 on january 1, 2014 and $658,000 on december 31, 2014. during the year truck acquired $215,000 of ppe, reported $50,400 of depreciation expense related to ppe, and reported $5600 loss on the sale of ppe. how much cash did truck receive from the sale off ppe during 2014?
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