Western Corporation reported an opening balance of $146,000 and an ending balance of $135,000 in its Equipment account and an opening balance of $47,000 and an ending balance of $62,000 in its Accumulated DepreciationEquipment account. During the year, it sold equipment with a cost of $21,000 for cash at a gain on the sale of $1,000. It also purchased equipment for cash. It recorded depreciation expense of $31,000. Analyze the Equipment and Accumulated Depreciation accounts to calculate (a) the cash received from the sale of the equipment, and (b) the cash paid for equipment.