You are examining the statements of financial position for 2 years in order to understand what has happened to non- current assets over the period. 31/07/2013 31/07/2012 Non-current assets: Cost Depreciation 3,976 1,245 2,731 3,465 1,033 2,432 Additional information: 1. During the year the company paid 900,000 for new equipment 2. The depreciation allowance for the year is 432,000 3. The company made a loss on the disposal of non-current assets of 50,000 Calculate the amount received from the sale of non-current assets