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The following information is for X Company for 2020: Equipment, January 1 $14,890 Equipment, December 31 14,378 Equipment purchases 7,399 Cost of equipment sold 6,869

The following information is for X Company for 2020:

Equipment, January 1 $14,890
Equipment, December 31 14,378
Equipment purchases 7,399
Cost of equipment sold 6,869

What was depreciation expense in 2020?

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