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Equipment that cost $300,000 and depreciated $140,000 was sold for $100,000. Data from the comparative balance sheets are Equipment Accumulated Depreciation 12/31/21 $650,000 12/31/20 $500,000
Equipment that cost $300,000 and depreciated $140,000 was sold for $100,000. Data from the comparative balance sheets are Equipment Accumulated Depreciation 12/31/21 $650,000 12/31/20 $500,000 75,000 60,000 Determine equipment purchased during 2021 Determine depreciation expense for 2021
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