net income for parton company for 2014 includes the effect of the following transaction involving the sale of fixed assets: Asset sales price cost gain/loss X $20,000 $80,000 $10,000 Y $35,000 $150,000 $(28,000) Purchases of fixed assets during 2014 amounted to $340,000. The accumulated depreciation account increased $40,000 during 2014. how much was depreciation expense for 2014? a. $175,000 b. $187,000 c. $197,000 d. $215,000