At the end of its first year of operations $,$ the trial balance of Concord Company shows equipment $$28,260$and zero balances in Accumlated depreciation$-$Equipment and depreciation expense. Depreciation for the year is estimated to be $$2\mathrm{.}170$ Account Titles and Explanation

Debit

Credit

Accumulated Depreciation$-$Equipment

Indicate the balance sheet presentation for the equipment at December $31.$

Concord Company Balance Sheet $($Partial$)$

December $31$

$

$