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Tom's Roadside Burger Stand has a beginning balance in the Accumulated Depreciationlong dashEquipment account of $240,000. The depreciation expense on the equipment for the year
Tom's Roadside Burger Stand has a beginning balance in the Accumulated Depreciationlong dashEquipment account of $240,000. The depreciation expense on the equipment for the year was $60,000. At the end of the year, the balance in the Accumulated Depreciationlong dashEquipment account was $140,000. What was the accumulated depreciation on the equipment sold during the year?
A. $160,000.
B. $180,000.
C.$100,000.
D. $80,000.
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