Acompany purchased a building for $850,000 on january 1, 2010. as of december 31, 2014, $200,000 of accumulated depreciation had been recorded related to this building. the building was sold to another party for $1,250,000 on january 1, 2015. on the sale of this building, the company should recognize:

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.