Sunland Company purchased machinery for $861000 on January 1, 2014

Subject:AccountingPrice:3.87 Bought7

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Sunland Company purchased machinery for $861000 on January 1, 2014. Straight-line depreciation has been recorded based on a $50100 salvage value and a 5-year useful life. The machinery was sold on May 1, 2018 at a gain of $14100. How much cash did Sunland receive from the sale of the machinery?

$144120

$122220

$172320

$222420