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During fiscal 2006, Huy sold fully depreciated assets that originally cost $20,000 for $4,000. In 2006, they purchased assets that cost? 12/31/0512/31/06 Land Machines Gross

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During fiscal 2006, Huy sold fully depreciated assets that originally cost $20,000 for $4,000. In 2006, they purchased assets that cost?

12/31/0512/31/06 Land Machines Gross property, plant, & equipment Accumulated depreciation Net property, plant, & equipment Depreciation expense $100,000 $100,000 70,000 180,000 170,000 25000 10,000 $155,000 $160,000 $ 5,000 80.000

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