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Bell Corp.'s comparative balance sheet at December 31, 2004 and 2003 reported accumulated depreciation balances...

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Accounting

Bell Corp.'s comparative balance sheet at December 31, 2004 and 2003 reported accumulated depreciation balances of $1,280,000 and $960,000, respectively. Property with a cost of $80,000 and a carrying amount of $60,000 was the only property sold in 2004. Depreciation charged to operations in 2004 was A) $304,000. B) $320,000. C) $352,000. D) $340,000

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