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Equipment Balance, Jan. 1 $40,000 Acquisitions 20,800 Less: Disposals 11,000 Balance, Dec. 31 $49,800 Accum. Depr.-Equipment Balance, Jan. 1 $22,250 Depreciation expense 6,000 Less:

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Equipment Balance, Jan. 1 $40,000 Acquisitions 20,800 Less: Disposals 11,000 Balance, Dec. 31 $49,800 Accum. Depr.-Equipment Balance, Jan. 1 $22,250 Depreciation expense 6,000 Less: Disposals 2,550 Balance, Dec. 31 $25,700

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