Molinari Co$.$ operates several cafes throughout the state.

They are opening a new location and purchase an espresso

machine for $$14899$ cash on January $1,2012.$ Molinari

expects this machine to last $4$ years and to get $322000$

shots of espresso over the machine's life. At the end of the

machine's life they estimate the salvage value will be $$3410.$

Molinari will depreciate this espresso machine using the

units of activity method.

$4$ full months have passed since depreciation was last

updated on December $31,2013.$ During this time.

Molinari pulled $34700$ shots. Molinari decides to sell

this espresso machine and will receive $$8577$ cash for

it$.($Remember that during $2012$ and $2013$ they pulled a

total of $109500$ shots.

The journal entry to record the second step of selling the

espresso machine is:

dr$.$ Cash

dr$.$ Accumulated Depreciation

$dr$ or $cr.$ Loss or Gain on sale of equipment

cr$.$ Equipment

For what dollar amount will Cash be debited?

$($Enter your answer rounded to the nearest dollar.$)$

Iswer: