Question $25$

$5$ pts

During the current year, Acme Compony recognived $$2,200$ of depreciasion experse, scquired $$126\mathrm{.}500$ of new equipenent, and sold eld equipmert at a gin of $$1,000.$ in addition, sthe balance of the Procerty. Plant and Eiovipment account hocreaied by $$4,700$ and the balince of the Accimulated Depeeclation scocont increaned by $$3,800.$ How mach cash did Acme receive from the sale of the old equlpment?

$522,100$

$192\mathrm{.}900$

$597,400$

$599,700$

Nowe of the above