At the beginning of Year 1, ABC Company purchased a piece of equipment for $1,300. This equipment was expected to last 5 years at which time ABC hoped to sell the equipment for $300. At the beginning of Year 6, ABC Company sold the equipment for $200. ABC Company uses the straight line depreciation method. How much Accumulated Depreciation would ABC Company report on the Year 2 Balance Sheet? $400 $600 $900 $200