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The following information is for X Company for 2019: Equipment, January 1 $12,530 Equipment, December 31 $14,403 Purchases of equipment $7,375 Cost of equipment sold

image text in transcribedThe following information is for X Company for 2019: Equipment, January 1 $12,530 Equipment, December 31 $14,403 Purchases of equipment $7,375 Cost of equipment sold $3,924 Depreciation expense ?? What was depreciation expense in 2019? A: $968 B: $1,094 C: $1,236 D: $1,396 E: $1,578 F: $1,783

The following information is for X Company for 2019: Equipment, January 1 Equipment, December 31 Purchases of equipment Cost of equipment sold Depreciation expense $12,530 $14,403 $7,375 $3,924 ?? What was depreciation expense in 2019? C: $1,236 OD: $1,396 OE: $1,578 OF: $1,783 A: $968 B: $1,094 Submit Answer Tries 0/99

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