Question: Here is selected financial statement data regarding a company's property, plant, and equipment. Balance Sheet: Dec. 31, 2018. Dec. 31, 2017 Property, plant, and equipment:

Here is selected financial statement data regarding a company's property, plant, and equipment.

Balance Sheet: Dec. 31, 2018. Dec. 31, 2017

Property, plant, and equipment: $ 333,000 $376,000 Accumulated depreciation: 94,000. 63,000 Income Statement: 2018 Depreciation expense: $ 45,000 Loss on sale of property, plant, and equipment: 13,000

Acquisitions of PPE were $120,000 during the year.

In the statement of cash flows, the investing activities section should show a cash receipt from "sales of property, plant, and equipment" for $

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