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Foxx Corp'S Comparative Balance Sheet at December 31, 2015 and 2014

Question 106

Multiple Choice

Foxx Corp.'s comparative balance sheet at December 31, 2015 and 2014 reported accumulated depreciation balances of $830,000 and $600,000, respectively. Property with a cost of $50,000 and a carrying amount of $38,000 was the only property sold in 2015. Depreciation charged to operations in 2015 was


A) $218,000.
B) $230,000.
C) $242,000.
D) $268,000.

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