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The following information is for X Company for the year: Equipment, January 1 Equipment, December 31 Cost of equipment sold Purchase of equipment $13,620 9,691

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The following information is for X Company for the year: Equipment, January 1 Equipment, December 31 Cost of equipment sold Purchase of equipment $13,620 9,691 9,429 7,098 What was depreciation expense for the year? A: $248 B: $598 C: $799 D: $1,598 E: $2,598 F: $3,098

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