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urrent Attempt in Progress On May 1, 2021. Pinkey Company sells office furniture for $300000 cash The office furniture originally cost $750000 when purchased on

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urrent Attempt in Progress On May 1, 2021. Pinkey Company sells office furniture for $300000 cash The office furniture originally cost $750000 when purchased on January 1, 2014 Depreciation is recorded by the straight line method over 10 years with a salvage value of 57500 What gain should be recognized on the sale Hirit: Use 7.333333 for years used in calculation) $22500 545000 $47500 590000 Save for Attempts:O of tused Submit Anne 20 CA

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