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Equipment, December 31,2021 $91,000 Equipment, December 31,2022100,800 Accumulated Depreciation, December 31,202154,600...

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Accounting

Equipment, December 31,2021 $91,000
Equipment, December 31,2022100,800
Accumulated Depreciation, December 31,202154,600
Accumulated Depreciation, December 31,202242,000
During 2022, the company sold equipment with a cost of $42,000 and accumulated depreciation of $35,000. A gain of $4,200 was recognized on the sale of the equipment.
What was depreciation expense for 2022?
Select one:
a. $12,600
b. $2,800
c. $22,400
d. $29,400
e. $42,000

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