could i please get some assistance? 4. The balance in...

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Accounting

could i please get some assistance?
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4. The balance in accumulated depreciation on January 1 and December 31 is $60,000 and $70,000, respectively, during a year in which an asset with a cost of $20,000 and net book value of $5,000 was sold for $3,000. Calculate the amount of depreciation expense for the current year

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