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Jamison Company reports depreciation expense of $54,000 for Year 2. Also, equipment costing $182,000 was...

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Accounting

Jamison Company reports depreciation expense of $54,000 for Year 2. Also, equipment costing $182,000 was sold for a $6,400 gain in Year 2. The following selected information is available for Jamison Company from its comparative balance sheet. Compute the cash received from the sale of the equipment.

View the chart information here : http://i.imgur.com/R5xl4lR.jpg

a. 54,000

b. 42,000

c. 35, 600

d. 48,400

e. 96,000

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