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The following information is for X Company for the year: Equipment, January 1 $12,670 Equipment, December 31 11,526 Cost of equipment sold 6,909 Purchase of

The following information is for X Company for the year: Equipment, January 1 $12,670 Equipment, December 31 11,526 Cost of equipment sold 6,909 Purchase of equipment 7,753 What was depreciation expense for the year?

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