Washington Company had the following excerpt from its final 12/31/2021 12/31/2020 Equipment $878,000 $821,000 Accumulated Depreciation 589,000 558,000 Book Value $289,000 $263,000 The following information is taken from Washington Company's records: 1. Depreciation expense for 2021 and 2020 was $81,000 and $86,000, respectively. 2. Equipment was purchased during 2021 for $113,000 cash. 3. A gain on sale of equipment of $14,000 was recorded during 2021. Required: Compute the cash proceeds from the sale of the equipment during 2021. Cash from the sale of the equipment: $