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What is the amount of depreciation expense for 2014

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12/31/2014 12/31/2013;Property, Plant and Equipment $375,000 $240,000;Less Accumulated Depreciation $105,000 $112,000;The income statement reflected a loss on the sale of equipment of $10,000;Equipment with a cost of $100,000 was sold in 2013. This equipment had accumulated depreciation of $24317;What is the amount of depreciation expense for 2014?;2015;Assets, January 1 $5708;Dividends $1017;Sales of Common Stock during 2012 $974;Net Income $1368;Liabilities, January 1 $3323;Stockholders' Equity a

 

Paper#24544 | Written in 18-Jul-2015

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