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The following information is for X Company for 2020: Equipment, January 1 $13,310 Equipment, December 31 12,321 Cost of equipment sold 6,897 Equipment purchases 7,420
The following information is for X Company for 2020:
Equipment, January 1 | $13,310 |
Equipment, December 31 | 12,321 |
Cost of equipment sold | 6,897 |
Equipment purchases | 7,420 |
What was depreciation expense in 2020?
A: $619 | B: $774 | C: $968 | D: $1,210 | E: $1,512 | F: $1,890 |
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