Question: Here is selected financial statement data regarding a company's intangible assets. Balance Sheet: Dec. 31, 2018. Dec. 31, 2017 Intangible assets, net: $ 981,000. $748,000

Here is selected financial statement data regarding a company's intangible assets.

Balance Sheet: Dec. 31, 2018. Dec. 31, 2017 Intangible assets, net: $ 981,000. $748,000 Income Statement of 2018: Amortization expense: $ 160,000 Gain on sale of intangible assets:15,000

During the year, the company purchased $477,000 of intangible assets.

In the statement of cash flows, the investing activities section should show a cash receipt for "sale of intangible assets" for $

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