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On January 1, the balance in the Equipment account was $19,817; on December 31, the balance was $15,467. The Income Statement reports Depreciation Expense of
On January 1, the balance in the Equipment account was $19,817; on December 31, the balance was $15,467. The Income Statement reports Depreciation Expense of $2,169. During the year, $5,010 of equipment was sold. What was the cost of the equipment purchased during the year? A: 2263.2000 B: 2829 C: 3536.2500|| OD: 4420.3125 | OE: 5525.3906| OF: 6906.7383
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