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Seow Itd began the year with capital assets of 5888,000 and accumulated depreciation of $234,000. During the year, capital assets were purchased for $223,000, and

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Seow Itd began the year with capital assets of 5888,000 and accumulated depreciation of $234,000. During the year, capital assets were purchased for $223,000, and capital assets with a net book value of $40.000 were sold for $47.000. At the end of the year, Seow had capital assets of $999,000 and accumulated depreciation of $207,000. What was the deprecation expense for the year? Select one O $45,000 O b. $112.000 $72,000 Od 5207.000

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