The Records of Count Bases Pizzas Showed the Following

question 29

Multiple Choice

The records of Count Bases Pizzas showed the following.
30 June 13 30 June 14
Pizza ovens and equipment $49 000 $53 000
Accumulated depreciation ovens and equipment 10 000 12 000
Cost of equipment sold 5000
Carrying value of equipment sold 3000
Proceeds of sale of equipment 4500
The amount of depreciation expense on ovens and equipment that would appear in a note attached to a statement of cash flows reconciling profit with cash flow from operations is:

• A)$2000.
• B)$4000.
• C)$3000.
• D)$5000.

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