Table 17-2
Reese Company Reported the Following Data for 2017

question 103

Multiple Choice

Table 17-2
Reese Company reported the following data for 2017:
$\begin{array}{ll}\text { Beginning property, plant, and equip. } & \$ 75,000 \\\text { Beginning accumulated amortization } & 10,200 \\\text { Amortization expense for the year } & 3,200 \\\text { Purchases of property, plant, and equip. } & 5,600 \\\text { Ending property, plant, and equipment } & 75,400 \\\text { Loss on sale of property, plant, and equip. } & 2,600 \\\text { Ending accumulated amortization } & 11,100\end{array}$ Cash received from the sale of property, plant, and equipment amounted to $300
-Refer to Table 17-2.How much accumulated amortization was recorded on the property,plant,and equipment sold during 2017?

• A) $3,200
• B) $2,300
• C) $900
• D) $1,000

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