ANDERS COMPANY
Comparative Balance Sheets
2021 2020
Plant assets
Equipment $ 180...
Business, 07.12.2021 14:00 cathydaves
ANDERS COMPANY
Comparative Balance Sheets
2021 2020
Plant assets
Equipment $ 180,000 $ 270,000
Accum. Depr.—Equipment (100,000 ) (210,000 )
Equipment, net $ 80,000 $ 60,000
Buildings $ 380,000 $ 400,000
Accum. Depr.—Buildings (100,000 ) (285,000 )
Buildings, net $ 280,000 $ 115,000
During 2021, equipment with a book value of $40,000 and an original cost of $210,000 was sold at a loss of $3,000.
How much depreciation expense was recorded on equipment during 2021?
Answers: 1
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