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Equipment that cost $876000 and had a book value of $382000 was sold for proceeds of $447000. Data from the comparative balance sheets are:

Equipment that cost $876000 and had a book value of $382000 was sold for proceeds of $447000. Data from the comparative balance sheets are: 12/31/25 12/31/24 Equipment $5450000 $4879000 Accumulated Depreciation 1652000 1450000 Depreciation expense for 2025 was $189000. $761000. $97500. $696000.

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