Use the following information to answer questions :Sami Co. had the following account balances at the beginning and end of 2010:
During 2010, Sami Co. sold a building that originally cost $200,000 for $22,000. The building had a book value of $25,000.
-How much depreciation expense was taken by Sami Co. during 2010?
A) $162,000
B) $137,000
C) $ 38,000
D) $ 13,000
E) Cannot be determined from the information provided
Correct Answer:
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