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What is the ending balance of accumulated depreciation

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Suppose the beginning balance of Accumulated Depreciation is $200,000. We record depreciation expense during the year of $10,000. We sold an asset that originally cost us $40,000 for $5,000 and recorded a loss on sale of $2,000.

Problem 1: What is the ending balance of accumulated depreciation?

Reference no: EM132956100

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