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Equipment, December 31, 2014 $65,000 Equipment, December 31, 2015 $72,000 Accumulated Depreciation, December 31, 2014 $39,000 Accumulated Depreciation, December 31, 2015 $30,000 During 2015, the
Equipment, December 31, 2014 $65,000
Equipment, December 31, 2015 $72,000
Accumulated Depreciation, December 31, 2014 $39,000
Accumulated Depreciation, December 31, 2015 $30,000
During 2015, the company sold equipment with a cost of $30,000 and accumulated depreciation of $25,000. A gain of $3,000 was recognized on the sale of the equipment.
What was Depreciation Expense for 2015?
Group of answer choices
$16,000
$9,000
$21,000
$30,000
$2,000
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