Remaining Time: 1 hour, 20 minutes, 53 seconds. Question Completion Status: December 31, 2019 and 2018 2019 2018 Increase/(Decrease) 126,000 94,000 32,000 Plant and Equipment Accumulated Depreciation-Plant and Equipment (45,000 (44,000) (1,000) Additional information provided by the company includes the following: 1. Equipment was purchased for $68,000. 2. Equipment with a cost of $36,000 and accumulated depreciation of $7,400 was sold for $50,000. What was the amount of Depreciation Expense for 2019? $1,000 S 45,000 S 8,400 $7.400