1 point Adjusted basis. Alfhild bought some metal-working equipment for $5,000 upfront and an agreement to pay $11.000 over the next few years. She paid Liam $1,000 to install the equipment in her workshop. As of January 1 of this year, she had paid off $3,000 of the $11,000 owed. Also, she had taken $2,000 of depreciation deductions. What was Alfhild's adjusted basis on that date? Type your