During 2004, equipment was sold for $195,000. The equipment cost $315,000 and had a book value of $180,000. Accumulated DepreciationEquipment was…

During 2004, equipment was sold for $195,000. The equipment cost $315,000 and had a book value of $180,000. Accumulated Depreciation—Equipment was $860,000 at 12/31/03 and $920,000 at 12/31/04. Depreciation expense for 2004 was:

Leave a Reply