During 2009, equipment was sold for $156,000. The equipment cost $252,000 and had a book value of $144,000. Accumulated Depreciation-Equipment was $687,000 at 12/31/08 and $735,000 at 12/31/09. Depreciation expense for 2009 was
A) $60,000.
B) $96,000.
C) $156,000.
D) $192,000.
Correct Answer:
Verified
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