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 at December 31, 2015 is