Mindy's Boutique has a beginning balance in the equipment account of $137,000. During the year, they purchased $245,000 worth of equipment. At the end of the year, the balance in the equipment account was $315,000. The cost of the equipment that Mindy's Boutique sold was:
A) $58,000.
B) $67,000.
C) $108,000.
D) $178,000.
Correct Answer:
Verified
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