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12/31/2014 12/31/2013 Property, Plant and Equipment $375,000 $240,000 Less Accumulated Depreciation $105,000 $112,000 The income statement reflected a loss on the sale of equipment of
| 12/31/2014 | 12/31/2013 | |
| Property, Plant and Equipment | $375,000 | $240,000 |
| Less Accumulated Depreciation | $105,000 | $112,000 |
| The income statement reflected a loss on the sale of equipment of | $10,000 | |
| Equipment with a cost of $100,000 was sold in 2013. This equipment had accumulated depreciation of | $24870 |
What is the amount of depreciation expense for 2014?
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Advanced Financial Accounting
Authors: Richard Baker, Valdean Lembke, Thomas King, Cynthia Jeffrey
7th Edition
0073526746, 978-0073526744
