Sykes Corporations comparative balance sheets at December 31, year 2 and year 1 reported accumulated depreciation balances

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Sykes Corporation’s comparative balance sheets at December 31, year 2 and year 1 reported accumulated depreciation balances of $ 800,000 and $ 600,000 respectively. Property with a cost of $ 50,000 and a carrying amount of $ 40,000 was the only property sold in year 2. Depreciation charged to operations in year 2 was:
a. $ 190,000
b. $ 200,000
c. $ 210,000
d. $ 220,000
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Intermediate Accounting

ISBN: 978-0132162302

1st edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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