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On January 1, the balance in the Equipment account was $19,001; on December 31, the balance was $15,493. The Income Statement reports Depreciation Expense of
On January 1, the balance in the Equipment account was $19,001; on December 31, the balance was $15,493. The Income Statement reports Depreciation Expense of $1,860. During the year, $4,607 of equipment was sold. What was the cost of the equipment purchased during the year? A: 2050.7354 B: 2317.3310|| OC: 2618.5841 D: 2959|| OE: 3343.6700|| OF: 3778.3471
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