The Cash flow statement of the United Company is in process for 20X1. The United Company is reporting the following balances: ROXO 20x1 Equipment $100,000 $170,000 Loss on sale of equipment 10,000 Accumulated depreciation equipment 75,000 95,000 During 20X1, United sold equipment costing $30,000 for $12,000 and made several purchases of new equipment for cash. Required: 1. Depreciation expense for 20X1 is 2. Equipment purchases in 20X1 were