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Data from the comparative blalance sheets are equipment that cost 877000 and had a book value of 397000 was sold for proceeds of 450000. Depreciation expense for 2021 was A. $701000 B. $128000 C. $648000
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Data from the comparative blalance sheets are equipment that cost 877000 and had a book value of 397000 was sold for proceeds of 450000. Depreciation expense for 2021 was

A. $701000
B. $128000
C. $648000
D. $83000

User Bikash Barman
by
8.2k points

2 Answers

1 vote
It is D i know this because of my own personal experience
User Chris Blunt
by
8.2k points
4 votes
The answer is B. 128000
User Martell
by
7.8k points
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