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Question 14 of 20 < -/5 E View Policies Current Attempt in Progress On May 1, 2021, Bonita Company sells office furniture for $294000

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Question 14 of 20 < -/5 E View Policies Current Attempt in Progress On May 1, 2021, Bonita Company sells office furniture for $294000 cash. The office furniture originally cost $760000 when purchased on January 1, 2014. Depreciation is recorded by the straight-line method over 10 years with a salvage value of $77800. What depreciation expense should be recorded on this asset in 2021? O $34110. O $25333. $68220. O $22740. Save for Later Attempts: 0 of 1 used Submit Answer

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