Belvedere Corporation had a balance in its Equipment account on January 1, Year 2 of $326,800. During the yeac, equipment originaly costing $85,900 and having Accurnulated Depreciation of $20,500 was solid for $67,400. The ending balance of the Equipment account was $278,300 How much did the company spend to purchase additional equipment during Year 1 ? Multiple Oroice $20,500 $37.400 $85,900 507900