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PLEASE SHOW WORK OR EXPLANATION! Thank you During 2018, equipment was sold for $468,000. The equipment cost $786,000 and had a book value of $432,000.
PLEASE SHOW WORK OR EXPLANATION!
Thank you
During 2018, equipment was sold for $468,000. The equipment cost $786,000 and had a book value of $432,000. Accumulated DepreciationEquipment was $2,061,000 at 12/31/17 and $2,205,000 at 12/31/18. Depreciation expense for 2018 was
A)
$144,000.
B)
$288,000.
C)
$498,000.
D)
$576,000.
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