QS $12-8$ Computing cash from asset sales P$3$

The following information is from Ellerby Company's comparative balance sheets. The current$-$year income statement reports depreciation expense on furniture of $$18,000.$ During the year, furniture costing $$52,500$ was sold for its book value. Compute cash received from the sale of furniture.

$\backslash$table$[[$At December $31,$Current Year,Prior Year$],[$Furniture$,$$$132,000,$$$184,500$