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On January 1, the balance in the Equipment account was $19,116; on December 31, the balance was $15,899. The Income Statement reports Depreciation Expense of
On January 1, the balance in the Equipment account was $19,116; on December 31, the balance was $15,899. The Income Statement reports Depreciation Expense of $2,046. During the year, $3,117 of equipment was purchased.
What was the cost of the equipment sold during the year?
A: 1955.8046 | B: 2288.2914 | C: 2677.3009 | D: 3132.4421 | E: 3664.9573 | F: 4288 |
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