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Oriole Company purchased machinery for $1470000 on January 1, 2017. Straight-line depreciation has been recorded based...

Oriole Company purchased machinery for $1470000 on January 1, 2017. Straight-line depreciation has been recorded based on a $87000 salvage value and a 5-year useful life. The machinery was sold on May 1, 2021 at a gain of $28000. How much cash did Oriole receive from the sale of the machinery?

$299400.
$239400.
$386400.
$212400.
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