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Question 18 0/1 pts During 2012, Noller Co. sold equipment that had cost $292,417 for $176,877. This resulted in a gain of $12,900. The balance

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Question 18 0/1 pts During 2012, Noller Co. sold equipment that had cost $292,417 for $176,877. This resulted in a gain of $12,900. The balance in Accumulated Depreciation-Equipment was $975,000 on January 1, 2012, and $930,000 on December 31. No other equipment was disposed of during 2012. Depreciation expense for 2012 was You Answered 801,560 Correct answer 83,440

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