Use the Information Below for Flora Inc During 2017, Flora Inc

Multiple Choice

Use the information below for Flora Inc.for 2016 and 2017 to answer the following question. $$\begin{array} { l r } \text { Equipment, December 31,2016 } & \$ 65,000 \\\text { Equipment, December } 31,2017 & 72,000 \\\text { Accumulated depreciation, December 31,2016 } & 39,000 \\\text { Accumulated depreciation, December 31,2017 } & 30,000\end{array}$$ During 2017, Flora Inc.sold equipment with a cost of $30,000 and accumulated depreciation of $25,000.A gain of $3,000 was recognized on the sale of the equipment This was the only equipment sale during the year. What was depreciation expense for 2017?

A) $9,000
B) $16,000
C) $21,000
D) $30,000