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The following information is for X Company for 2020: Equipment, $11,140 January 1 Equipment, December 11,024 31 Cost of equipment 7,456 sold Equipment 9,081 purchases

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The following information is for X Company for 2020: Equipment, $11,140 January 1 Equipment, December 11,024 31 Cost of equipment 7,456 sold Equipment 9,081 purchases What was depreciation expense in 2020? A: $1,741 B: $2,176 C: $2,720 D: $3,400 E: $4,250 F: $5,313

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