The balance sheet data of Alberto Company at the end of 2020 and 2021 follow: Additional information for 2021 : a) Net income for 2021 was $132,000. b) Land was acquired for $180,000 in exchange for common stock, par $180,000. c) Equipment that had cost $15,000 with accumulated depreciation of $10,000 as of disposal time was sold for $6,000 in cash. Additional equipment was purchased in cash. d) Cash dividends of $40,000 were paid during the year. Compute the amount of depreciation expense for 2021. Example of Answer: 4000 (No comma, decimal point, or \$ sign.) Answer = A Compute the amount of equipment purchased in 2021. Example of Answer: 4000 (No comma, decimal point, or \$ sign.) Answer = A