Below is selected information taken from the balance sheet of Huy Corporation as of 12/31/16.

	12/31/2015	12/31/2016
Land	$100,000	$100,000
Machines	80,000	70,000
Gross PP&E	180,000	170,000
Accumulated depreciation	25,000	10,000
Net PP&E	$155,000	$160,000
Depreciation Expense		$5,000

During fiscal 2016, Huy sold fully depreciated assets that originally cost $20,000 for $4,000. In 2016, they purchased assets that cost:

Group of answer choices

$5,000

$30,000

$6,000

$10,000