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The following information is for X Company for the year: Equipment, beginning balance $12,250 Equipment, closing balance 9,531 Cost of equipment sold 9,018 Purchase of
The following information is for X Company for the year:
Equipment, beginning balance | $12,250 | |
Equipment, closing balance | 9,531 | |
Cost of equipment sold | 9,018 | |
Purchase of equipment | 8,016 |
What was depreciation for the year?
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