During 2020, Bonita Industries sold equipment that had cost $408000 for $236000. This resulted in a gain of $17000. The balance in Accumulated Depreciation-Equipment was $1320000 on January 1, 2020, and $1240000 on December 31. No other equipment was disposed of during 2020. Depreciation expense for 2020 was O $109000. O $80000. O $97000. O $219000